Ulta Faces Bigger Test From Shaky Consumer Spending Than Tariff Risks
1. Ulta anticipates continued sales momentum despite margin pressures. 2. Telsey raised ULTA’s price forecast to $590 ahead of earnings report. 3. Projected earnings: $5.07 per share, up from $4.87 estimate. 4. International expansion and loyalty programs are key long-term advantages. 5. Management flagged consumer spending trends as a significant risk.