Wall Tag

Higher prices on the checkout usually are not deterring shoppers from stocking up on makeup and skincare at Ulta Beauty. After beating Wall Street estimates on the highest and bottom lines within the third quarter, the Bolingbrook, Illinois-based beauty retailer has once more increased its full-year outlook despite soaring inflation and fears that the U.S. could fall right into a recession next 12 months. Ulta can be encouraged by sales trends it has seen to date in the course of the crucial holiday season despite jitters in the broader retail world, with major firms including Goal, with which it has a partnership, downgrading forecasts. “While predicting holiday shopping patterns this 12 months is difficult, I'm optimistic in regards to the opportunity for Ulta...