In the first fiscal quarter, Ulta Beauty recorded a strong comparable sales gain based on increased traffic as it beat Wall Street sales and earnings estimates. Ulta posted net sales of $347.1 million, or $6.88 per diluted share, versus $331.4 million, or $6.30 per...
Target Corp.’s plans for 2023 include investing in additional stores and differentiated shopper experiences to position the company for long-term growth. The company reported plans to invest $4 billion to $5 billion in 2023 to expand its operating network of...
Nordstrom has announced plans to open a pair of its off-price Nordstrom Rack locations, one in San Antonio, TX, the other in Natomas in California’s Central Valley. In San Antonio, the 35,000 square-foot store will operate in Northwoods, a shopping center that...
On the way to a strong fiscal year result, Ulta Beauty enjoyed several historical first even as it easily beat Wall Street estimates. Net income was $340.8 million, or $6.68 per diluted share, versus $289.4 million, or $5.41 per diluted share, in the year-prior...
According to Placer.ai, catering to the tastes and preferences of young shoppers is a strategy that has proven particularly important for leading retailers in the beauty sector. In recent years, the traffic tracker and market researcher noted, Gen-Z has become a...
