Ulta issues weak guidance, signaling even the beauty industry is slowing down
1. Ulta's 2025 profit guidance is below Wall Street expectations. 2. Comparable sales growth is projected to be flat or 1%. 3. Earnings per share of $8.46 beat expectations of $7.12. 4. Competition from mass retailers is impacting store traffic. 5. Shares rose 6% in after-hours trading despite the weak outlook.