Ulta Beauty shares are trading lower after the company cut its FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Ulta Beauty shares are trading lower after the company cut its FY24 guidance.
May 30, 2024 | 8:07 pm
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NEGATIVE IMPACT
Ulta Beauty shares are trading lower due to the company cutting its FY24 guidance, indicating potential challenges ahead.
The reduction in FY24 guidance suggests that Ulta Beauty may face financial challenges or lower-than-expected performance, leading to a negative market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100