The pandemic put a halt to social gatherings. However, new vaccines and a growing number of vaccinated people around the globe are giving way to a recovery in socialization, office work, and personal interactions. This is leading to a demand for beauty products, which had taken a backseat. Popular cosmetics and skincare retailer Ulta Beauty (ULTA) is benefiting from increased consumer spending on high-end beauty brands. I am bullish on the company’s prospects. (See Ulta stock charts on TipRanks) Ulta’s Skincare business has been doing particularly well. Its brick-and-mortar channel is witnessing strong growth as consumers restart flocking into its stores.
https://www.tipranks.com/news/article/can-strong-skincare-business-help-ulta?utm_source=advfn.com&utm_medium=referral
Ulta Beauty (NASDAQ:ULTA)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Ulta Beauty Charts.
Ulta Beauty (NASDAQ:ULTA)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Ulta Beauty Charts.