#ultabeauty

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    Ulta Beauty Reports Disappointing Q2 Earnings Amid Berkshire Hathaway Investment

    Ulta Beauty (ULTA) delivered underwhelming second-quarter 2024 earnings, significantly missing Wall Street expectations. The beauty retailer reported revenue of $2.55 billion, falling short of the anticipated $2.62 billion. Earnings per share (EPS) were $5.30, also below the forecasted $5.50...
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    Ulta Beauty Stock Surges Amid Warren Buffett's Investment

    Ulta Beauty (NASDAQ: ULTA) experienced a significant boost in its stock price on Thursday, rising by 12% following news that Warren Buffett's Berkshire Hathaway has acquired a notable stake in the company. According to The Wall Street Journal, Berkshire Hathaway purchased 690,106 shares...
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    Berkshire Hathaway’s Strategic Shifts: New Investments in Ulta Beauty and Heico, Major Reduction in Apple Stake

    Overview: Warren Buffett's Berkshire Hathaway made significant adjustments to its investment portfolio in the second quarter of 2024. The conglomerate acquired notable stakes in Ulta Beauty (ULTA) and Heico (HEI) while dramatically reducing its long-held position in Apple (AAPL). These moves...