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Ulta Stock Is the Worst Performer in the S&P 500 on Wednesday. Here’s Why. – Barron's

Shares of Ulta Beauty fell Wednesday after the cosmetics retailer said it expects first-quarter same-store sales to increase at the lower end of its previous outlook. Ulta executives said Wednesday at the JPMorgan Retail Roundup Conference that overall category growth has slowed more than expected. If the category continues to underperform, “we expect our first-quarter […]