Ulta's conservative comp sales guidance spooks investors, but positives remain intact - analysts

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Ulta Salon, Cosmetics & Fragrance Retail Location. Ulta Provides Beauty Products and a Salon XI

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Ulta’s (NASDAQ:ULTA) second quarter results gave investors plenty to cheer for. Profit and sales were up, and the company’s gross profit margin expanded 90 basis points despite higher costs, all of which beat Wall Street’s expectations.

But after ratcheting higher

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