Ulta Beauty reported strong third-quarter results, with digital engagement rising, eCommerce up in the mid-teen range and loyalty membership growing 4% to a new high. AI-driven personalization, social-led discovery and expanded app capabilities contributed to stronger conversion across channels.
A strong quarterly report helped drive big gains for a retailer of make-up and other beauty products, while the end of a high-profile bidding war made waves in media and entertainment.
Ulta Beauty (ULTA) shares surged to a record high on Friday after the cosmetics and fragrance retailer posted earnings that topped analysts' estimates and raised its outlook.
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