What to Watch for When Ulta Salon Reports Earnings
Shares of Ulta Beauty (NASDAQ: ULTA) have been pummeled since the summer, due to concerns over competitor discounts and a general pessimism about brick-and-mortar retail. The stock's decline is somewhat surprising, as Ulta has posted nothing but blockbuster numbers with regularity; it looks like investors are skeptical the all-star retailer can continue its torrid growth.
Investors will get a glimpse into that future today after the market closes, when Ulta reports third-quarter earnings. Here are some things watch for.
It's been a frustrating run for Ulta shareholders. Image source: Getty Images.
Source: Fool.com
Ulta Salon Stock
€369.60
0.160%
With 38 Buy predictions and 2 Sell predictions Ulta Salon is one of the favorites of our community.
As a result the target price of 498 € shows a positive potential of 34.74% compared to the current price of 369.6 € for Ulta Salon.
