Ulta Beauty sinks after posting a disappointing guidance (ULTA) - Creak News

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Ulta Beauty sinks after posting a disappointing guidance (ULTA)

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ulta beauty 7814Business Insider/Jessica Tyler

  • Ulta Beauty reported third-quarter earnings that topped expectations, but guidance was light.
  • Shares fell more than 6% following the results.
  • The stock has been rallying since August 30 — up 18.8% — when Kylie Jenner announced she would sell her cosmetic brand in Ulta Beauty stores during the holiday shopping season. 
  • Watch Ulta Beauty trade live.

The cosmetics retailer Ulta Beauty fell as much as 7.05% to $272.27 a share late Thursday after the company reported disappointing guidance.

Here are the key numbers compared to what analysts are expecting according to Bloomberg:

See the rest of the story at Business Insider

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from Business Insider https://ift.tt/2QAPgdX

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