• Ulta Beauty sinks after posting a disappointing guidance

    5 monthes ago - By Business Insider

    Business 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...
    Read more ...