Rare Beauty is launching nationwide at over 1,500 Ulta Beauty stores on February 1, expanding its availability beyond Sephora and emphasizing accessibility, community, and social impact through a new charitable partnership. The brand, founded by Selena Gomez, aims to reach more consumers with its popular products like blush and highlighter, and continues its growth with a focus on long-term success and social responsibility.
Ulta Beauty raised its full-year sales and earnings forecasts after reporting strong quarterly growth across all major categories, driven by increased customer engagement, new product offerings, and international expansion, despite competitive pressures and tariffs.
Ulta Beauty has announced it will end its shop-in-shop partnership with Target, which began in 2021, with the agreement concluding in August 2026. The approximately 600 Ulta Beauty stores inside Target locations will close by then, but customers can continue earning rewards until the partnership ends.
Target and Ulta Beauty will end their partnership in August 2026 after about five years, with Ulta shops remaining in Target stores until then. The collaboration, launched in 2021, allowed Ulta to operate shop-in-shop locations within Target, but both companies have mutually decided not to renew the agreement.
Target and Ulta Beauty have announced they will not renew their partnership, which began in 2021, and will end in August 2026, with Ulta Beauty shops remaining in Target stores until then.
Target and Ulta Beauty have announced they will end their partnership, which included mini Ulta shops in Target stores, by August 2026, citing operational challenges and strategic shifts. This move may impact Target's efforts to boost store traffic and sales, as the partnership was seen as a key growth driver in the beauty category.
Ulta Beauty and Target announced they will not renew their partnership beyond August 2026, continuing their current Ulta Beauty at Target shop-in-shop experience until then. The collaboration, launched in 2021, has expanded access to beauty products and integrated rewards programs. Both companies expressed pride in their success and commitment to a seamless transition, with Ulta Beauty focusing on its broader omnichannel strategy and Target maintaining its curated beauty offerings.
Ulta Beauty reports modest sales growth but declining store foot traffic, with CEO warning that consumer caution and economic uncertainties, including tariffs, could impact future sales. The company has adjusted its sales expectations for the year, reflecting concerns over consumer spending amid inflation and trade tensions.
Lululemon and Ulta Beauty stocks surged after both companies reported better-than-expected earnings, leading the S&P 500 in premarket trading. Lululemon's earnings rose 7% to $2.87 per share, with revenue up 9%, prompting analysts to raise price targets. The company also increased its stock repurchase program by $1 billion. Ulta Beauty's earnings increased by 1.4% to $5.14 per share, with revenue growth of 1.7%, leading to a revised earnings forecast. Both stocks have rebounded significantly from their August lows, despite year-to-date declines.
Ulta Beauty's stock surged in after-hours trading following better-than-expected earnings and an improved fiscal outlook. The company now forecasts full-year net sales between $11.1 billion and $11.2 billion, slightly up from previous estimates. Despite a 20% decline earlier this year due to competition and slowing demand, the stock rose 12% to $440.65. Investors are advised to watch key price levels at $435, $465, and $497, with a crucial support level at $412, as the stock may break out of a bullish ascending triangle pattern.
Ulta Beauty's shares surged by about 10% after the company exceeded Wall Street's fiscal third-quarter earnings expectations, reporting earnings per share of $5.14 against the anticipated $4.54 and revenue of $2.53 billion versus the expected $2.50 billion. Despite previous concerns about slowing demand and increased competition, Ulta raised its full-year outlook, projecting net sales between $11.1 billion and $11.2 billion and earnings per share from $23.20 to $23.75. The beauty sector remains resilient, although Ulta had previously warned of potential demand cooling.
Ulta's Black Friday 2024 sale offers significant discounts on popular beauty brands like Clinique and Dyson. The sale includes a variety of skincare, haircare, and makeup products, such as Kiehl's Ultra Facial Cream, Dyson Airwrap, and Anastasia Beverly Hills brow products. Shopping editors have curated a list of the best deals, emphasizing products with high ratings and expert recommendations. These deals are ideal for restocking beauty collections or finding giftable items, but they are available for a limited time.
The S&P 500 fell 0.4% as inflation concerns rose following a slight increase in the PCE index. Shares of PC makers HP and Dell dropped significantly due to mixed earnings and slow AI adoption, while Ulta Beauty gained on expectations of reduced competitive pressure. Texas Pacific Land Corp. and Ulta Beauty were among the top performers, while Autodesk shares fell despite strong earnings due to a CFO transition. VeriSign renewed its ICANN deal, but awaits a more impactful agreement with the Department of Commerce.
Ulta Beauty's CEO Dave Kimbell outlined plans to boost sales and regain market share after a first-quarter slowdown, including introducing new brands, enhancing digital experiences, and expanding partnerships. Despite a slight increase in net sales, the company lowered its full-year guidance. Shares jumped 11% following the announcement.
