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Ulta Beauty Earnings: What to Watch

Ulta Beauty Earnings: What to Watch

The stock of Ulta Beauty (NASDAQ: ULTA) has spent all of the past year trailing the broader market. The pandemic's impact has been a lift for many retailers, but demand has dropped for Ulta's skin care and makeup products as social distancing reduced traffic at its salons. The company has a chance to upgrade that weak narrative when it reports fiscal fourth-quarter earnings in just a few days.