Ulta Cuts FY24 Adj. EPS Guidance From $25.20-$26.00 To $22.60-$23.50,
Portfolio Pulse from Benzinga Newsdesk
Ulta Beauty has revised its fiscal year 2024 adjusted EPS guidance downward from $25.20-$26.00 to $22.60-$23.50.
August 29, 2024 | 8:09 pm
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Ulta Beauty has reduced its FY24 adjusted EPS guidance, indicating potential challenges in meeting previous earnings expectations.
The downward revision of Ulta's EPS guidance suggests that the company may face difficulties in achieving its previous earnings targets, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100