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Ulta Posts Solid Q4, Readies International Expansion

Ulta Posts Solid Q4, Readies International Expansion

by Mike Duff | Mar 15, 2024 | Retail Articles

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....
Target Keeping Physical Stores Central to Its Development Plans

Target Keeping Physical Stores Central to Its Development Plans

by Mike Duff | Jan 26, 2024 | Retail Articles

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...
Ulta Q3 Beats Street As Target Shop Expansion, Digital Initiatives Advance

Ulta Q3 Beats Street As Target Shop Expansion, Digital Initiatives Advance

by Mike Duff | Dec 5, 2023 | Retail Articles

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 Posts Solid Q4, Readies International Expansion

Ulta’s Oyibo Moving to CFO After Setterston Retirement

by Mike Duff | Dec 1, 2023 | Retail Articles

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...
Ulta Q3 Beats Street As Target Shop Expansion, Digital Initiatives Advance

Ulta Beauty Posts Q2 Gains with Lift from New Beauty Appliances

by Mike Duff | Aug 25, 2023 | Appliances, Personal Care & Wellness, Retail Articles

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...
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