Ulta Beauty’s same-store sales take a surprising turn, and retailer’s stock drops 8%

Shares of Ulta Beauty Inc. dropped more than 8% in the extended session Thursday after the specialty retailer reported worse-than-expected quarterly earnings, cut its guidance, and showed a drop in same-store sales against expectations of an increase.

Previous post Lululemon shares fall as athleisure retailer cuts outlook
Next post Marvell’s stock climbs as earnings report brings an improved growth forecast