Ulta Beauty to Report Q4 Results, Fenty Beauty Debuted at all Ulta Beauty Stores
<p><a href='https://financialmodelingprep.com/financial-summary/ULTA'>Ulta Beauty, Inc. (NASDAQ:ULTA)</a> is expected to report its Q4 results on March 10. Analysts at Oppenheimer anticipate another strong delivery, even with Omicron-related headwinds and unfavorable weather that likely impacted traffic during parts of the quarter. According to the analysts, beauty category tailwinds, new brand additions, and management initiatives should help to drive healthy levels of comp growth and share gains in 2022 and beyond.</p>
<p>This past weekend, Fenty Beauty debuted at all Ulta Beauty stores nationwide. Although the assortment could shrink post-launch as front store displays are likely temporary, the analysts mentioned that the product in-store was greater than they anticipated. </p>
<p>While noting that the company continues to represent a top pick for them, Oppenheimer analysts mentioned that geopolitical developments add new risks to the story as investors seek defense lately and impacts on discretionary consumer spending are uncertain. </p>

NASDAQ:ULTA