Blueshift Ideas Positive On Ulta Salon, Cosmetics & Fragrance

Blueshift Ideas is out with some tweets on Ulta Salon, Cosmetics & Fragrance, Inc. ULTA, and is generally positive on the name. Blueshift said that the growth for ULTA appears to be positive for the summer season, as product selection, price, and other metrics are coming in strong. Trends for the industry are generally all positive, with four of Ulta's competitors expecting improved industry sales this summer. Blueshift spoke to an associate at a major department store, and the associate said, “People say ‘I'll just buy it at Ulta Salon' when looking for a cheaper alternative to, say, our brushes.” At last check, shares of Ulta were up 76 cents to $51.35, a gain of 1.50%‎ this afternoon. Ulta Salon, Cosmetics & Fragrance, Inc., a beauty retailer, provides prestige, mass, and salon products; and salon services in the United States.
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Posted In: Long IdeasTrading IdeasBlueshift IdeasConsumer DiscretionarySpecialty Stores
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