We came across a bullish thesis on Ulta Beauty, Inc. (ULTA) on Capitalist Letters’ Substack by Oguz Erkan. In this article we will summarize the bulls’ thesis on ULTA. Ulta Beauty, Inc. share was trading at $373.08 as of Sept 12th.

A female customer shopping for beauty products in a modern store.
Ulta Beauty recently missed earnings expectations, posting revenue of $2.55 billion versus $2.61 billion expected, and earnings per share of $5.30 compared to $5.46 expected. This marked the...




