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Big Tech's Banner 2023 Continues
Motley Fool Money
The Rise of Mall Activity in the US
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Shares of Ulta down over 10% after the beauty retailer reported earnings that were up year over year, but missed expectations. William Sonoma is kind of the other side of the coin there. Comp revenue declined 6%. While they did reiterate fiscal 2023 guidance, you look at things like inventory. The gross margin 38.6% that's down 520 basis points from last year.
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