Reported 12 months ago
Ulta Beauty's stock price has seen a significant decline due to slowing growth and slipping profit margins, but there is a strong argument for its rebound. As the largest cosmetics retailer in the US, Ulta Beauty's formula for success includes continuous store openings and remodels, with an average revenue growth forecasted between 5% and 6% long term. Despite recent challenges, the stock is trading at a low valuation, making it a compelling buy for investors looking at the long-term potential.
Source: YAHOO