Ulta Beauty (ULTA) is currently available at Target (TGT). “When consumers do not have additional funds to spend on a vacation or a car, they tend to go for cosmetics as a way to express themselves. Demand for makeup is up 51% year-over-year. When stacked up against competitors, Ulta Beauty is the strongest brand. The ULTA stock price is around all-time highs with the current economy,” says LikeFolio’s Andy Swan. Tom White and Kevin Hincks weigh in on the pent up demand for cosmetics.
Fast Market
01 Dec 2022
SHARE