In a year laced with macroeconomic and geopolitical headwinds, the stock market has faced a broad-based sell-off. However, beauty retailer Ulta Beauty, Inc. (ULTA) has survived the market correction well and gained 2.3% in price year-to-date to close the last trading session at $422. The stock has returned 5.2% over the past month.
ULTA beat analyst estimates in the last reported quarter. Its EPS beat the consensus estimate by 14.3%, while its revenue came in 4.2% higher than estimates. It has surpassed consensus EPS estimates in each of the trailing four quarters.
