Ulta Beauty Earnings: The Makeup Industry Comes Roaring Back
Ulta Beauty (NASDAQ: ULTA) had plenty of good news for investors in its latest earnings update. Revenue and earnings both exceeded the pace set by management's full-year forecast thanks to a sharp traffic rebound at its stores.
The results looked great compared to the year-ago period when COVID-19 had devastated the business. But Ulta's latest metrics also set new records for the company in key areas like sales, putting it in position to fully rebound in 2021.
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Source Fool.com
