Ulta Beauty Stock: Durable Growth Business, But Fully-Priced

Ulta Salon, Cosmetics and Fragrance Retail Location. Ulta Provides Beauty Products and a Salon.


Article Thesis

Ulta Beauty (NASDAQ:ULTA) is the leading operator of beauty chains in the United States, with 1,318 stores across the country. Although the business is maturing, Ulta still has several levers for continued shareholder returns: incremental store growth, on which they

Ulta Beauty store growth

Ulta Beauty new store growth (Author’s own work)

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