Automatic Data Processing Inc. Stock Outperforms Market On Strong Trading Day

Ulta Beauty Inc

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Consumer Discretionary : Specialty Retail | Mid Cap Growth

Company profile

Ulta Beauty, Inc. (Ulta Beauty) conducts its business as a specialty beauty retailer. The Company operates specialty retail stores, which are engaged in selling cosmetics, fragrance, haircare and skincare products, and related accessories and services. The stores also feature full-service salons. Its stores, e-commerce Website, and mobile applications offer approximately 25,000 products across various categories and price points, including Ulta Beauty's own private label and the Ulta Beauty Collection. Ulta Beauty offers a portfolio across six categories: cosmetics; haircare products and styling tools; skincare; fragrance and bath; services; and accessories and other. The Company also provides private-label and co-branded credit card programs, loyalty programs, and gift cards. It offers a full range of beauty services in its stores, focusing on hair, makeup, brow, and skin services. The Company operates approximately 1,355 stores across 50 states.

Automatic Data Processing Inc. Stock Outperforms Market On Strong Trading Day

4:34 pm ET February 15, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Automatic Data Processing Inc. (ADP) advanced 1.45% to $227.85 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,147.60 and the Dow Jones Industrial Average rising 0.11% to 34,128.05. Automatic Data Processing Inc. closed $47.07 below its 52-week high ($274.92), which the company reached on December 13th.

The stock outperformed some of its competitors Wednesday, as Oracle Corp. (ORCL) fell 0.84% to $88.34 and Accenture PLC Cl A (ACN) rose 1.01% to $287.65. Trading volume (1.7 M) remained 184,574 below its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 15, 2023.

(END) Dow Jones Newswires

February 15, 2023 16:34 ET (21:34 GMT)