Ulta Salon (ULTA) Provides COVID-19-Related Business Update

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Ulta Beauty Provides COVID-19-Related Business Update

April 2, 2020 8:00 AM EDT

BOLINGBROOK, Ill.--(BUSINESS WIRE)-- Ulta Beauty, Inc. (NASDAQ: ULTA) today provided a business update in advance of the Companys participation at the J.P. Morgan Retail Round-Up Virtual Conference.

A few weeks ago, we made the difficult decision to close all of our brick and mortar stores to help contain the spread of the coronavirus. Since March 20, Ulta Beauty has been a digital-only business. Although we do not expect to fully offset the revenue impact of our store closings, the multi-year, strategic investments we have made to enhance our omnichannel and... More