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Ulta misses Wall Street expectations, trims guidance after quarterly sales decline

CNBC
Summary
Nutrition label

80% Informative

Ulta Beauty fell short of second-quarter expectations and trimmed its full-year guidance.

Comparable sales for the second quarter fell 1.2% , compared to an 8% increase a year earlier .

Shares of Ulta have been suffering since CEO Dave Kimbell warned of cooling beauty demand.

Warren Buffett's Berkshire Hathaway disclosed a $266 million stake in the beauty retailer.

VR Score

90

Informative language

95

Neutral language

75

Article tone

semi-formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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