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Earnings Results

CEO says beauty industry remains competitive, after the chain last year tried to focus more on wellness and online sales

Shares of Ulta Beauty slid after hours on Thursday after the cosmetics retailer forecast a profit and same-store sales for this year that were below Wall Street’s estimates, adding that it expects more selective consumer spending and that it was “increasingly mindful” of conflicts abroad.

Ahead of the earnings, some analysts said Ulta ULTA could stay cautious on the consumer backdrop, as the U.S. and Israel’s attacks on Iran, the U.S.-led trade war and other geopolitical tensions threaten to push prices higher and keep shoppers cautious.