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Ulta Beauty Stock Is S&P 500’s Worst Performer. ‘We’ve Hit a Speed Bump,’ Analyst Says.

Por: MarketWatch Business May 26, 2023

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But same-store sales, which measure revenue online and at stores open for at least 14 months, gained 9.3%, slightly below estimates of 9.4%. The average ticket, or sales per customer, also declined 1.5% in the quarter from a year ago. That was its first decline in more than five years, according to analyst Ike Boruchow. Consumers have been pulling back on purchases in the face of high inflation and fears about recession.  (FL) and ( ), catering... + full article



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