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home / news releases / ULTA - Ulta shares recover despite warning of Q1 challenges spilling into FY24

ULTA - Ulta shares recover despite warning of Q1 challenges spilling into FY24

Ulta Beauty Inc.

2024-05-30 17:51:07 ET

Shares of Ulta Beauty ( NASDAQ: ULTA ) have recovered initial losses on Q1 results and are now nearly 9% higher in after-hours trading despite a warning from the CEO that the challenges faced during the first quarter of the year will continue through the rest of the year. Wall Street is instead focused on the above-consensus profit and increase in Q1 net sales.  ...

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Ulta shares recover despite warning of Q1 challenges spilling into FY24
Stock Information
Company Name: Ulta Beauty Inc.
Stock Symbol: ULTA
Market: NASDAQ
Website: ulta.com
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