Ulta Beauty Q3 Earnings: 3 Big Takeaways

Ulta Beauty (NASDAQ: ULTA) is on a much stronger growth track today than it was just six months ago. Management on Thursday lifted its 2021 outlook for a third consecutive time in 2021. The makeup and beauty products retailer is now expecting well over $1 billion above the original full-year sales target issued at the start of the year.

Ulta Beauty is also targeting far higher earnings thanks to improving profitability in today's free-spending shopping environment.

Let's dive right in and take a look at three big takeaways from the third-quarter earnings report.

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Source Fool.com