Ulta Beauty welcomed continued gains in the fourth quarter, which announced, even as the company issued financial results, that it is preparing to begin international expansion with a deal to enter Mexico. The company also noted that its partnership with Target Corp....
A blog post published by Target Corp. outlined the company’s strategic thinking about its store base even as it recounted expansions and upgrades to the brick-and-mortar side of the business, including those that have enhanced digital operations. The post made the...
Although net income fell year over year, Ulta Beauty beat Wall Street estimates for earnings and revenue as the company invested in initiatives, particularly on the digital side, and added Target shops. Net income was $249.5 million, or $5.07 per diluted share, versus...
Ulta Beauty announced Paula Oyibo, Ulta’s senior vice president of finance, will succeed retiring Scott Setterston as CFO, effective April 1, 2024. Setterston informed the company he will retire as CFO, treasurer and assistant secretary after nearly 20 years of...
As self care continues to resonate with consumers, Ulta Beauty posted another solid quarter of sales and earnings while noting growing sales from new beauty appliance developments. Net income by Ulta in its second quarter was $300.1 million, or $6.02 per diluted...