Ulta Beauty shares are trading lower after the company provided long-term business strategy plans and reaffirmed its F24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Ulta Beauty shares declined following the announcement of its long-term business plans and reaffirmation of its fiscal 2024 guidance.
October 16, 2024 | 12:20 pm
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Ulta Beauty's stock is trading lower after the company announced its long-term business plans and reaffirmed its fiscal 2024 guidance.
The decline in Ulta Beauty's stock price suggests that investors may have been expecting more optimistic guidance or are uncertain about the long-term plans. The reaffirmation of fiscal 2024 guidance indicates no change in expected performance, which might not have met investor expectations.
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