Ulta Beauty (ULTA) has disclosed a new risk, in the Corporate Activity and Growth category.
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Ulta Beauty’s financial results may be pressured if it cannot execute its real estate growth and optimization strategy, including securing new, desirable store locations on favorable lease terms in competitive markets. Its performance is further exposed to risk if it is unable to optimize its existing store base through relocations, renewals, remodels, or closing underperforming sites, which could cause it to miss performance expectations.
The average ULTA stock price target is $711.75, implying 39.47% upside potential.
To learn more about Ulta Beauty’s risk factors, click here.