
Ulta’s “Unleashed” plan pays off as Q1 sales rise 4.5%
The initiative included streamlining operations, updating stores and inventory, and improving marketing and promotional execution.
The initiative included streamlining operations, updating stores and inventory, and improving marketing and promotional execution.
Despite the positive Q4 performance, Ulta warned of a challenging year ahead, forecasting full-year sales below analysts’ estimates. Profit per share is also expected to be lower than Wall Street’s expectations.