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NAS:ULTA, Jul 14, 01:14 UTC

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Friday, May 29


News

US Futures losing some ground, watch COST, CRM, JWN, DELL, ULTA

ULTA DTRUMP

The S&P 500 futures remain under pressure after they erased gains to close in the red yesterday, as President Donald Trump announced plans to hold a press conference on China. Later today, Wholesale Inventories (-0.7% on month in April expected), Personal Income (-6.0% on month expected), Personal Spending (-12.8% on month expected), Market News International's Chicago Purchasing Managers Index (40.0 in May expected) and the University of Michigan's Consumer Sentiment Index (74.0 in May expected) will be reported. This morning, official data showed that Japan's industrial production declined 9.1% on month in April (-5.7% expected), and retail sales fell 9.6% (-6.9% expected). Separately, Salesforce.com revealed first quarter adjusted EPS of 0.70 dollar, just above estimates, down from 0.93 dollar a year ago, on sales of 4.9 billion dollars, just above consensus, up from 3.7 billion dollars in the previous year. Nordstrom (JWN), the North American fashion retailer, disclosed first quarter LPS of 3.33 dollars, worse than expected, down from an EPS of 0.23 dollar a year ago on sales of 2.0 billion dollars, below forecasts, down from 3.3 billion dollars in the prior year.

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Sunday, May 17


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Better Buy: Amazon vs. Target

ULTA AMZN

Amazon has diversified beyond online sales of general merchandise into grocery and convenience stores, delivery services, online streaming of video and audio as well as cloud computing services. Online sales have been growing by double digits at Target, and like Amazon, the company has made efforts to streamline delivery to customers. Just this month, Target said it would buy Deliv, a company focused on last-mile delivery technology. But to discern which stock is the best buy right now, it might be helpful to take a look at how each company is navigating the economic effects of the coronavirus pandemic. Amazon Web Services (AWS), the company's cloud computing business, posted a 33% gain in sales -- and the pandemic clearly has added to demand for cloud-related services. For example, the U.K. is using AWS to analyze hospital occupancy levels and related data, and the World Health Organization is using AWS to aggregate epidemiological information from various countries.

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Tuesday, May 12


News

Macy's, Ulta Beauty, Gap and more prep to reopen with new safety measures - ABC11 Raleigh-Durham

ULTA JWN

By JACQUELINE LAUREAN YATES. As retailers plan to reopen after being closed due to the coronavirus pandemic, many are reemerging with updated shopping experiences that include staff wellness checks, plexiglass shields and suspended beauty services. Stores from the massive cosmetics company reopened in Texas, Arkansas, Oklahoma and several other states along with in-store hair salon services. "As part of our thoughtful, phased reopening approach, each store was chosen after careful consideration of many factors, most importantly our ability to welcome you back safely," said Ulta Beauty CEO Mary Dillon in a statement. Ulta Beauty. As stated in the company's COVID-19 response, new practices for Ulta Beauty include but aren't limited to face coverings required for all associates, hand sanitizer available for use throughout stores, limited occupancy throughout stores, and testers will no longer be available.

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Monday, April 06


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Ulta will benefit from the lipstick effect even if no one is wearing makeup while social distancing

ULTA

With consumers spending so much time at home, there’s no need for makeup. But Cowen analysts say Ulta Beauty Inc. ULTA+17.81% is weathering the uncertainty brought on by the coronavirus pandemic and the beauty retailer will bounce back thanks to the benefits of the “lipstick effect.”. “Ulta’s loyal customer base, 90% off-mall presence, and virtual try-on capabilities through augmented reality could collectively drive continued market share gains as consumers reorient shopping patterns through a socially distant lens,” Cowen analysts wrote in a Monday note. ‘the lipstick effect’, evidenced by Ulta’s mid-single digit percentage decline in comps through ‘08/09 versus apparel and higher discretionary categories declining 15%-to-30% year-over-year.”. “We believe Lululemon is well positioned to benefit from exercise/lounge at home, and to take market share as it increases loyalty through online classes being offered,” analysts led by Susan Anderson wrote in a Friday note.

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Tuesday, March 31


News

Why the Coronavirus Is Weighing on These Beauty Stocks

ULTA

Why the Coronavirus Is Weighing on These Beauty Stocks | NASDAQ. While the coronavirus pandemic has been a major headwind for most companies, it represents a particular challenge for sellers and makers of makeup and beauty products. Coty(NYSE: COTY), the owner of Cover Girl and Rimmel brands, has posted a 52% share decline so far this year, while Ulta Beauty(NASDAQ: ULTA), seller of cosmetics and skincare products, has fallen 29%. Stores that sell beauty products have followed this general lockdown movement. For example, Ulta announced it would shut stores until at least March 31 but urged customers to continue to shop through its app or e-commerce site. While the switch to online shopping has been strong in essential areas like grocery, it won't necessarily be as beneficial for companies like Ulta. Estee Lauder shares have fared better than Ulta and Coty so far this year, slipping only 20%. But as all three companies proceed with caution due to the coronavirus outbreak, so should investors. Even after the health crisis is over, cosmetics makers and sellers may suffer from weaker demand until the U.S. employment picture brightens and the overall economy improves.

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Tuesday, March 24


News

Ulta Beauty Draws Down Credit Line; Re-Evaluating Stock Buybacks

ULTA

Ulta Beauty Draws Down Credit Line; Re-Evaluating Stock Buybacks | NASDAQ. Ulta Beauty (NASDAQ: ULTA) has seen its brick-and-mortar stores temporarily closed due to coronavirus. The beauty retailer remains open for business online but it's making some proactive moves to shore up its finances to cover losses due to the current pandemic. The retailer recently drew down $800 million of its revolving credit facility "as a precautionary measure and to enhance financial flexibility," according to a press release.

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Monday, March 16


News

Why Shares of Ulta Beauty, L Brands, and Designer Brands Are Swooning Today

ULTA LB

Shares of retailers Ulta Beauty (NASDAQ: ULTA), L Brands (NYSE: LB), and Designer Brands (NYSE: DBI) were all hit hard in Monday's marketwide sell-off, as investors came to terms with the likelihood that retail shopping in the U.S. and Europe will likely come to a near-halt soon due to measures to contain the novel coronavirus. As of 1 p.m. EDT, shares of Ulta Beauty were down 18%, shares of L Brands were down about 30.4%, and Designer Brands' shares were down about 46% from Friday's closing prices. So what. Ulta reported strong earnings last week; investors are concerned about the road ahead as measures to contain the virus will keep consumers away from stores for at least the next several weeks. L Brands is in the process of selling a majority stake in its troubled Victoria's Secret businesses to a private-equity firm, in order to focus on its more successful Bath and Body Works retail chain. It also owns brand designer Camuto Group, which gives it some in-house design and manufacturing capabilities. While DSW has an online storefront, it -- like Ulta and L Brands -- is still heavily dependent on foot traffic to its brick-and-mortar stores.

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Friday, March 13


News

Ulta Beauty (ULTA) Declines Despite Q4 Earnings & Sales Beat

ULTA

This helped the beauty retailer expand market share in all major beauty categories, with skincare recording the highest growth.However, the U.S. makeup category remained troubled across the prestige as well as mass beauty channels. Average inventory per store remained flat year over year.Net cash provided by operating activities was $1,101.3 million in fiscal 2019.Ulta Beauty bought back 681,458 shares for $174.1 million in the reported quarter. The company expects an operating margin deleverage of 70-80 bps for fiscal 2020.Markedly, Ulta Beauty’s earnings guidance includes the impact of share repurchases worth roughly $1.3 billion and an effective tax rate of 24-24.5%.The company plans capital expenditures of $280-$300 million for fiscal 2020, wherein net interest expenses are expected to be about $9 million.Check These Solid PicksMarineMax HZO, with a Zacks Rank #1 (Strong Buy), has impressive earnings surprise record. You can see the complete list of today’s Zacks #1 Rank stocks here.DICK’S Sporting Goods DKS, with a Zacks Rank #2 (Buy), has a long-term earnings per share growth rate of 5.9%.Build-A-Bear Workshop BBW, with a Zacks Rank #2, has a long-term earnings per share growth rate of 9%.Zacks Top 10 Stocks for 2020In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%.

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Thursday, March 12


News

Q4 Earnings Preview: Ulta Beauty

ULTA

Ulta Beauty (NASDAQ: ULTA) announces its next round of earnings this Thursday, March 12. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement. Analysts covering Ulta Beauty modeled for quarterly EPS of $3.73 on revenue of $2.32 billion. In the same quarter last year, Ulta Beauty reported earnings per share of $3.61 on sales of $2.12 billion. If the company were to match the consensus estimate, earnings would be up 3.32%.

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Wednesday, March 11


News

Zacks.com featured highlights include: La-Z-Boy, Chipotle Mexican Grill, Ulta Beauty, Cypress Semiconductor and TopBuild

ULTA

In addition, brokers scrutinize the fundamentals of companies and place them against the current economic backdrop to find out how the stocks will fare as an investment option. Therefore, by following broker rating upgrades, you can easily find attractive stocks. But solely depending on broker upgrades is not advisable. Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. Click to get this free report Ulta Beauty Inc. (ULTA) : Free Stock Analysis Report Chipotle Mexican Grill, Inc. (CMG) : Free Stock Analysis Report La-Z-Boy Incorporated (LZB) : Free Stock Analysis Report Cypress Semiconductor Corporation (CY) : Free Stock Analysis Report TopBuild Corp. (BLD) : Free Stock Analysis Report To read this article on Zacks.com click here.

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