Stocks gained more than a full percentage point in abbreviated trading last week in a rally that pushed the Dow Jones Industrial Average (
The week ahead could bring volatility for shareholders in Ulta Beauty (
Ulta's customer traffic
Investors are expecting good news from beauty retailer Ulta on Thursday. The company recently raised its growth forecast to between 14% and 15% -- from the 11% to 13% prior projection. If it hits the top end of that guidance, Ulta will have booked a record growth pace in two of the last three quarters.
The key to its market-beating expansion has been impressive customer traffic gains. Ulta last quarter enjoyed a
CEO Mary Dillon and her executive team believe they can boost earnings by over 20% in each of the next three fiscal years. The company also just raised its long-term comparable-store sales forecast to 8% from 6%, which implies that executives see the current industry upswing lasting at least through 2019. Sure, the stock has responded to that improving outlook by rising more than 25% over the past six months. But the rally is likely to continue if Ulta keeps soaking up market share in the...