Why Ulta Beauty Shares Got Hit With the Ugly Stick – Yahoo Finance

  • yoliebijoux
  • September 7, 2019
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(NASDAQ: ULTA), which is a powerhouse in its niche, and which has an enviable history of same-store sales growth. The second-quarter results it delivered late last week were in character for the chain, and it essentially met expectations. Yet investors punished the stock to the tune of a 30% price drop Friday, and the clear cause was management’s sharp 7.5% earnings guidance cut.” data-reactid=”11″>Despite the ongoing e-commerce revolution, some traditional retail chains have been thriving. Case in point: Ulta Beauty (NASDAQ: ULTA), which is a powerhouse in its niche, and which has an enviable history of same-store sales growth. The second-quarter results it delivered late last week were in character for the chain, and it essentially met expectations. Yet investors punished the stock to the tune of a 30% price drop Friday, and the clear cause was management’s sharp 7.5% earnings guidance cut.

MarketFoolery, host Chris Hill and senior analyst Jason Moser discuss the investment thesis for Ulta Beauty, why its shares had been valued at such a premium prior to their recent tumble, and the underlying reasons behind management’s significantly weaker outlook for the remainder of 2019.” data-reactid=”12″>In this segment from MarketFoolery, host Chris Hill and senior analyst Jason Moser discuss the investment thesis for Ulta Beauty, why its shares had been valued at such a premium prior to their recent tumble, and the underlying reasons behind management’s significantly weaker outlook for the remainder of 2019.

podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video.” data-reactid=”13″>To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video.