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Mark Cuban Doesn't Understand Product, But Invests $400K In Company Because His Daughters Do
Friday, March 24, 2023 - 9:38am | 935This story is part of a new series of features on the subject of success, Benzinga Inspire. One of the Sharks featured on “Shark Tank” may have broken one of his investment rules with a recent Shark Tank deal. What Happened: Mark Cuban likes to invest in companies that have...
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Former L'Oreal Executives Announce SPAC Deal To Build Out High-Growth Beauty Platform: What Investors Should Know
Monday, November 15, 2021 - 3:51pm | 765Several executives with experience building beauty and wellness brands launched a SPAC to target acquiring disruptive companies in the industry. A SPAC deal was announced Monday to bring two companies public. The SPAC Deal: A three-way merger will bring Obagi and Milk Makeup public in a merger with...
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Put On Your Happy Face: These 3 Beauty-Focused Stocks Look Bullish
Saturday, May 15, 2021 - 8:58am | 984When the Centers for Disease Control and Prevention (CDC) announced Thursday that fully vaccinated people can stop wearing masks at most places indoors and outdoors, those into makeup and other beauty products were among those who took notice. The need for masks can now be replaced with a need for...
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Here's Why Estée Lauder Is Impressing Analysts
Monday, February 8, 2021 - 6:39pm | 584Estée Lauder Companies Inc (NYSE: EL) reported its second-quarter 2021 earnings Feb. 5 and its sales revenue rose 5% year over year, beating estimates despite less foot traffic and some closure of stores throughout the COVID-19 pandemic. “Our multiple engines of growth strategy...
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Goldman Sachs Bullish On Ulta After Sitting On Sidelines Since Initiating Coverage
Monday, February 3, 2020 - 1:51pm | 344Ulta Beauty Inc (NASDAQ: ULTA) remains a highly debated stock, and Goldman Sachs is ready to pick a side in the bull versus bear debate after initiating at Neutral last October. The Ulta Analyst Kate McShane upgraded Ulta Beauty from Neutral to Buy with a price target lifted from $285 to $307. The...
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Wall Street Reacts To Ulta's Q3 Beat, Makeup Headwinds Remain A Concern
Monday, December 9, 2019 - 2:26pm | 711Cosmetic retailer Ulta Beauty Inc (NASDAQ: ULTA) reported a third-quarter earnings beat Thursday, but sales missed estimates by $75 million. Cosmetic Industry Weakness Buy-side expectations have come way down on Ulta, leading the company to deliver a surprise earnings beat amid worsening macro...
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L'Oreal CEO 'Optimistic' About Future Despite Slowdown In North American Market
Wednesday, July 31, 2019 - 1:28pm | 345L'Oreal Co (OTC: LRLCY) is seeing a slowdown in the U.S. market, but CEO Jean-Paul Agon told CNBC he remains positive about the future. What Happened France-based L'Oreal this week reported second-quarter and first-half 2019 results, which showed North America sales fell worse than expected...
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Analyst: Ulta's Q4 Report An Example Of 'Underpromise And Overdeliver'
Friday, March 10, 2017 - 3:44pm | 659After market close Thursday, Ulta Beauty Inc (NASDAQ: ULTA) reported its fourth-quarter results and issued Q1 and fiscal 2017 guidance. Although earnings beat consensus estimates by more than 5 percent and a $425 million share buyback was announced, guidance was seen as soft, with the top end of Q1...
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Big Primpin' — On the Cheap!
Tuesday, November 15, 2011 - 7:03pm | 641Big primpin', without spending cheese... Get your Makeup done at the cosmetics counter… Remember that time we pretended to need new concealer but really just wanted to have our makeup done at the counter fo’ free? Yup, we did that. And so should you. A great option for a special date...