News 

Cramer Remix: The single best name in retail

“There’s no hemming and hawing: same-store sales are the most important metric in retail, and it’s no different with Ulta,” the “Mad Money” host said” writes unknown author for cnbc.com. Cramer noted that management did not mention tailwinds stemming from the “selfie generation” that seems to be driving cosmetics sales as various social media channels gain traction.The retail sector has seen a series of ugly earnings misses, but one report last week caught Jim Cramer’s eye as one of retail’s stunning wins: that of Ulta Beauty.The cosmetics retailer attributed its same-store sales success to three key factors: traffic to the second-tier and strip malls that host its stores, price increases, and e-commerce strength.
 
Source: cnbc.com



Share This:

Related posts