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Markets · Investing · Business
Finance
Ulta Beauty Stock Is Down Today. Now Could Be a Good Time to Buy.
This might be the profit opportunity you've been waiting for.
Shares of Ulta Beauty (NASDAQ: ULTA) declined on Friday after the cosmetics retailer released its quarterly earnings report.
Image source: Getty Images.
Ulta's net sales grew 8.9% year over year to $3 billion in its second quarter ended Aug. 1. Store openings, higher sales at existing locations, and the skincare product purveyor's acquisition of British beauty retailer Space NK drove the gains.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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