Analyst's RecommendationAn analyst has raised the price target to $31, reflecting confidence in the company's growth trajectory and potential for future earnings.
Financial PerformanceSephora generated over $1.4 billion in sales, with comparable store sales for previous year shops increasing by more than 25%, indicating a robust demand for its products.
Growth StrategyIntroduction of new national apparel brands and the partnership with Babies 'R' Us are expected to serve as growth catalysts, attracting new customer segments.