tiprankstipranks
Ulta Beauty Announces Long-Term Growth and Expansion Plans
Company Announcements

Ulta Beauty Announces Long-Term Growth and Expansion Plans

Don't Miss Our Christmas Offers:

Ulta Beauty ( (ULTA) ) has shared an announcement.

Ulta Beauty has unveiled ambitious long-term financial targets and strategic priorities to fuel profitable growth, planning to open 200 new stores over the next three years and authorizing a $3 billion share repurchase. The company aims to enhance its market leadership in beauty and wellness by focusing on an enriched customer experience, expanding its loyalty program to 50 million members by 2028, and fostering innovation through exclusive product offerings. CEO Dave Kimbell emphasized Ulta’s commitment to championing beauty for all, promising to adapt to evolving consumer needs while strengthening its market position.

See more data about ULTA stock on TipRanks’ Stock Analysis page.

Related Articles
Nikolaos SismanisWhy Ulta Beauty (ULTA) Has More Upside Potential despite Post-Earnings Rally
TheFlyUlta Beauty price target raised to $480 from $450 at Loop Capital
Vince CondarcuriUlta Beauty’s (ULTA) Strong Results Prompt a Wave of Analyst Praise
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App