3 Takeaways From Ulta Beauty’s Earnings Call
Ulta Beauty (NASDAQ: ULTA) shares jumped late last week after the company reported third-quarter sales and earnings results that were better than investors had feared. Yes, the spa and beauty products retailer announced a significant slowdown in demand growth. However, revenue continued climbing at its stores and the wider industry looks healthy.
In a conference call with investors following the Dec. 5 report, CEO Mary Dillon and her team explained the factors impacting Ulta's growth today while discussing why the company can still post higher revenue and profits in a tough selling environment. Below are a few highlights from that chat with Wall Street analysts.
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Source Fool.com