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Originally Posted by FakeNameChanged
Nice call on ULTA, no less than six WS analysts recently have them as a buy or positive rating. SUFF is the model of a contrarian.
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I have ulta on a significant dilution event to raise cash, or outright reorg.
The quarterly on May 28th, they were saying PIE-IN-the-SKY stop gaps like renegotiating their leases. They’re not anchor stores in these malls. They’re bit players.
The CEO , trying to put a shine on it, said they’ve reopened 600 stores. She waited until much later in the call to say “for curbside pickup”.
