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Ulta Beauty Changes Its Tone on 2019

TheMotleyFool

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Ulta Beauty Changes Its Tone on 2019Photo, wide shot, wide-angle lens, Retail store, Midday, harsh overhead sunlight, directional sunlightt, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/add1012b-1b24-4eb2-aba0-77ab52c7f8ad.png

Ulta Beauty (NASDAQ: ULTA) this week announced its second-quarter earnings results and updated all of its operating forecasts for 2019. The spa and beauty products retailer achieved modest growth in sales and profitably over the last few months. But management surprised investors by lowering its outlook due to weakening trends in the wider cosmetics market.

More on that forecast in a moment. First, here's how Ulta Beauty's results compared with the prior-year period:

Metric

Source Fool.com

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