Ulta's latest earnings report suggests the retailer needs to make some adjustments to invigorate its growth projections.
News & Analysis: Ulta Beauty
Ulta’s stock had an ugly drop. Time to buy, or stay away?
It's not just economic pessimism or company-specific troubles; there are cyclical industry issues in play, too.
But if you'd like to distract yourself from any portfolio woes you might have by betting on your favorite sports team, that could be an easy option (depending on where you live).
Investors were shocked to hear a change in tone from management on the 2019 fiscal year.
The management team recently explained the significant downgrade to its growth outlook.
Ulta Beauty was slammed for weak results and an even weaker near-term outlook, while Campbell Soup rose on signs of a turnaround.
Shares of the cosmetics chain tumbled after it cut its full-year outlook.
Most major benchmarks posted modest gains Friday morning.
The spa and beauty products retailer surprised investors by lowering its outlook.