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- Ulta Beauty Demands Patience 💅🕰️
Ulta Beauty Demands Patience 💅🕰️
And, Rubrik's strong outlook shines.
Today is Friday, March 14, 2025.
The Early Bird Index today is 66.64
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Ulta Beauty Demands Patience 💅🕰️
Despite posting a weaker financial outlook on Thursday, Ulta Beauty $ULTA ( â–˛ 2.17% ) managed to jump 6.53% in after-hours trading due to good financial results from the past quarter.
Financials: Ulta reported earnings of $8.46 per share and revenue of $3.5 billion in the past quarter; both were better than expected.
Powering the Story: The company’s financial outlook for 2025 was conservative. The company told investors on Thursday it is trying to improve the business with new ideas, but “it will take time to see the impact of these efforts.”
Background: Ulta’s stock is down 44% in the last 12 months as the beauty company faces increased competition and shifting consumer behaviors.
Early Bird’s Nest Egg Gains: It will take time for Ulta Beauty to make improvements.
New investments from the company may pressure margins in the short term and take time to yield results.
The company has a new CEO. It often takes time for new leadership to fully implement their vision and strategies.
Final Thoughts: Will investors be patient enough to support Ulta during these transitional years?
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Notables
Notable Earnings Today: Li Auto (Nasdaq: LI), Gogo (Nasdaq: GOGO), Buckle (NYSE: BKE), AirSculpt Technologies (Nasdaq: AIRS), Drilling Tools International (Nasdaq: DTI), Hudson Global (Nasdaq: HSON).
Notable IPOs Today: N/A.
Notable Equity Crowdfunding Campaigns Ending Today: iPNOTE (Wefunder), CliqRex (Netcapital), Mirra Mirror (Honeycomb).
Notable Economic Events Today: Michigan Consumer Expectations / Sentiment (10:00 a.m. ET).
Rubrik's Strong Outlook Shines
Data management and security company Rubrik $RBRK ( â–˛ 4.06% ) surged 16.68% in after-hours trading on Thursday after posting better-than-expected financial results.
Financials: Rubrik reported a loss of 18 cents per share and revenue of $258.1 million in the past quarter; both were better than expected.
Outlook: The company anticipates revenue in the full year to be between $1.145 billion to $1.161 billion, which investors view as good.
Final Thoughts: Rubrik’s CEO called this a “milestone year” for the company. It was.
PagerDuty Jumps After Stock Buyback
PagerDuty $PD ( â–˛ 4.12% ) jumped 6.34% in after-hours trading on Thursday after the cloud computing company posted good financial earnings results.
Financials: PagerDuty reported earnings of 22 cents per share and revenue of $121 million in the past quarter; both were better than expected.
Also: The company announced a $150 million stock buyback to boost the stock price.
Final Thoughts: PagerDuty’s stock started 2025 down 13%. These financial results might turn things around.
Trends to Watch
Stable: U.S. Senate Takes First Big Step to Advance Stablecoin Bill (CoinDesk)
Bad Bitcoin Winter Continues: Bitcoin price drops 2% as falling inflation boosts US trade war fears (Cointelegraph)
Welcome to a Stock Market Correction: Stocks Tumble Into Correction as Investors Sour on Trump (New York Times)
Spirited: Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says (CNBC)
As Home Sales Slow Down: Compass in Talks to Buy Warren Buffett’s Real-Estate Brokerage Unit (Wall Street Journal)
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