General World News

Ulta Beauty's Expansion Continues With Few Missteps

As numerous high-quality growth names fall below key support levels, Ulta Beauty (ULTA) continues to be a pillar of strength, trading tightly after a breakout and holding above its 10-week moving average. A strong earnings report in early December has a lot to do with it. Shares gapped up powerfully on Dec. 4 after the company reported its sixth straight quarter of 20%+ earnings growth. Total sales rose 22% to $910.7 million. Salon sales rose 20%

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