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Ulta Beauty ULTA - News Analyzed: 3,706 - Today: 94 - Last Week: 94 - Last Month: 465

↑ Ulta Beauty Forges Ahead with Expansion and New Partnerships Amidst Challenging Market

Ulta Beauty Forges Ahead with Expansion and New Partnerships Amidst Challenging Market
Ulta Beauty is expected to open a store at Pittsford Plaza next year with various Black Friday deals in 2024 already announced. Citi has raised its price target on Ulta to $390 from $345. Hantz Financial Services Inc. and Bank of Montreal have reduced their holdings while Bridgewater Associates LP and Soros Capital Management LLC have substantial stakes. Adobe partnership and store expansion plans are expected to boost growth. Its omnichannel marketing for holidays includes Roblox, and to set to open 400 new stores. The company plans to launch a multi-branded beauty collection in collaboration with Universal Pictures’ for the new cinematic event, Wicked. It has been challenged by increased competition and softened demand in recent times. Ulta Beauty's New Chapter aims to show that their brand can age gracefully. Ulta Beauty has also partnered with Rokt to expand its retail media network and elevate guest experience.

Ulta Beauty ULTA News Analytics from Mon, 20 May 2024 07:00:00 GMT to Sat, 30 Nov 2024 18:40:00 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor -3

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