Ulta Beauty, headquartered in Bolingbrook, Illinois, operates over 1,350 retail stores and offers a range of beauty products and services, employing 20,000 full-time staff since its IPO in 2007. Their services include hair, makeup, and skincare, with various shopping options like online ordering and in-store pickups.
ULTA has been in the news recently: Barclays upgraded Ulta Beauty's stock to overweight and increased the price target to $589, highlighting a 20% surge this year and promising future growth. The company is seeing strong sales trends and innovation, which are expected to lead to higher profitability before its upcoming earnings report.
📡️ Consumer Discretionary
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