Ulta Beauty sinks after posting a disappointing guidance (ULTA)

ulta beauty 7814Business Insider/Jessica Tyler

  • Ulta Beauty reported third-quarter earnings that topped expectations, but guidance was light.
  • Shares fell more than 6% following the results.
  • The stock has been rallying since August 30 — up 18.8% — when Kylie Jenner announced she would sell her cosmetic brand in Ulta Beauty stores during the holiday shopping season. 
  • Watch Ulta Beauty trade live.

The cosmetics retailer Ulta Beauty fell as much as 7.05% to $ 272.27 a share late Thursday after the company reported disappointing guidance.

Here are the key numbers compared to what analysts are expecting according to Bloomberg:

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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