Reported about 1 month ago
Ulta Beauty is set to report its Q2 results, which are anticipated to show a slowdown in growth, with revenues expected to rise by only 3.4% year-over-year. The stock has experienced a 25% decline this year, attributed to rising competition and changing consumer spending habits. Despite this, Berkshire Hathaway has recently invested significantly in Ulta, indicating potential long-term confidence in the brand.
Source: YAHOO