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Wednesday, September 24, 2014

Ulta Beauty Rebounds As Profit, Sales Growth Pick Up



Investor's Business Daily - Investing RSS http://ift.tt/1mVbIuy Cosmetics retailer Ulta Beauty (ULTA) is climbing the right side of a deep base as profit and sales growth accelerate. Ulta is rebounding from a 39% slide that began in November. The big blow came Dec. 6, when the stock gapped down and plunged 20% on a disappointing earnings report. But the stock rebounded sharply on Sept. 12 following a bullish five-year plan that coincided with a better-than-expected quarterly earnings report. The 18% jump in


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