Ulta Beauty stock’s post-earnings sell-off is a gift for long-term investors
Ulta Beauty (NASDAQ: ULTA) is being punished this morning after the cosmetics retailer posted a profit miss and issued “conservative” guidance for the full year. Investors bailed on ULTA also because its operating margin contracted by a significant 220 bps in the fourth quarter. Still, there’s reason to believe that Ulta Beauty stock remains well-positioned
