Ulta Beauty Inc
These are JPMorgan’s best stock picks for shoppers heading into June
JPMorgan highlighted a team of shares to kick off the new trading month, reflecting its analysts’ top picks and some new favorites, which includes Carvana and L3Harris Technologies . The firm’s concentrate list features its leading equity tips qualified close to advancement, money, benefit and short strategies, according to a Monday note. Each of the […]
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Stocks making the biggest moves premarket: Dell Technologies, Ulta Beauty, Ambarella, Gap and more
Check out the companies making headlines in premarket trading. Dell Technologies — Stock in the personal computer and technology company slid more than 16% after executives warned about further margin pressure ahead. The company posted a first-quarter earnings beat on the top and bottom line but forecast that its gross margin will pull back roughly […]
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Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%
Ulta Beauty on Thursday laid out plans to boost sales and gain market share after a first-quarter sales slowdown. Comparable sales, a metric that tracks Ulta stores open at least 14 months along with online sales, increased 1.6% year over year, a stark slowdown from the same period a year earlier when Ulta reported comparable […]
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Stocks making the biggest moves after hours: Dell Technologies, MongoDB, Zscaler, Gap and more
Check out the companies making headlines in extended trading. Zscaler — Shares surged nearly 15% after Zscaler topped third-quarter expectations on the top and bottom lines. The cloud security company posted adjusted quarterly earnings of 88 cents per share on revenue of $553 million. Analysts polled by LSEG had expected per-share earnings of 66 cents […]
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Foot Locker stock surges 30% as turnaround shows signs of life
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first quarter, far better than the 3.1% drop-off that analysts expected, according to StreetAccount. The company also reaffirmed its fiscal year guidance, which projects sales to be between a 1% decline and a 1% gain, […]
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Stock futures rise to kick off shortened trading week: Live updates
India’s Adani Group is reportedly in talks to expand into e-commerce and payments space A sign for the Adani Group on Feb. 9, 2023. A settlement the conglomerate reached with truckers will have only a small impact on the overall Adani empire, but it was a big win for drivers and owners in a state […]
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E.l.f. Magnificence posts initially $1 billion calendar year, but shares fall on weaker than anticipated steerage
e.l.f Elegance products. Courtesy: e.l.f Splendor E.l.f. Magnificence posted its first billion-greenback fiscal yr on Wednesday as revenue spiked by 77% but the retailer’s shares fell as it stated it expects its expansion to sluggish. The eyes, lip, face company, known for its viral promoting and prowess in winning more than younger buyers issued guidance […]
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Organized retail theft ring that targeted Macy’s, other retailers is charged in New York
The Macy’s company logo is seen at the Macy’s store on Herald Square on January 19, 2024 in New York City. Michael M. Santiago | Getty Images A New York beauty store just blocks away from the Empire State Building resold more than $1 million worth of goods that’d been stolen from Macy’s and a […]
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Oddity Tech says it’s bucking the beauty slowdown Ulta warned about
As Ulta Beauty says it expects a slowdown in retail’s most resilient category, an upstart says it’s bucking the trend. Oddity Tech – the newly public Israeli cosmetics platform that uses AI to develop products — posted first quarter results that blew past expectations and raised its full-year guidance. Here’s how the beauty retailer behind […]
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Alphabet and Chipotle are among the most overbought names on Wall Street. Below are the others
Buyers had a great deal to digest this week, as authorities details stoked lingering uncertainties about the economy and a flood of earnings experiences hit the tape. The main indexes all finished Thursday’s session reduce, weighed down by a seem at to start with-quarter U.S. gross domestic product that substantially skipped anticipations. But by Friday, […]
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