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Ulta Beauty issues stern warning as consumers switch gears
Ulta Beauty issues stern warning as consumers switch gears

Miami Herald

time5 hours ago

  • Business
  • Miami Herald

Ulta Beauty issues stern warning as consumers switch gears

Like many retailers across the country, Ulta Beauty (ULTA) is navigating a tough economic environment amid inflation and the looming threat of tariffs. Despite recently seeing a small boost in sales during the first few months of this year, the beauty retailer has made a bold move, signaling that it is cautious about future customer behavior. Don't miss the move: Subscribe to TheStreet's free daily newsletter In Ulta's first-quarter earnings report for 2025, it revealed that its comparable sales increased by 2.9% year-over-year. Specifically, the number of transactions in its stores increased by 0.6%, while the average amount of money customers spent per transaction spiked by 2.3%, which was primarily driven by higher prices. Related: Ulta Beauty makes drastic decision on Target partnership Despite the boost in sales, the foot traffic in Ulta's stores declined during the quarter, according to recent data from The average number of visits customers made to each of its locations dipped by roughly 7%. Image source: Jones/Bloomberg via Getty Images During an earnings call on May 30, Ulta Beauty CEO Kecia Steelman said that fragrance sales performed the strongest during the quarter, with brands such as XO Khloé by Khloé Kardashian and Noyz performing well. Skincare and wellness sales also increased; however, hair care sales remained flat, while makeup sales "decreased slightly." "Consumer engagement with beauty remains healthy, and our insights indicate beauty and wellness remain a top priority for beauty enthusiasts who tell us that they're more willing to make tradeoffs in other discretionary areas to maintain their beauty regimens," said Steelman during the call. "At the same time, they are cautious, and value is an increasingly important priority as they navigate ongoing wallet pressures." Related: Ross Stores makes drastic decision customers will see in stores She also said many consumers are "leaning into beauty as a comfort and escape from the stress of macro uncertainty," and the company expects that this emotional connection will support the company's sales going forward. However, despite this pattern of customer behavior, she warned that customers could quickly change their tune as they navigate a tough economic environment. "While they tell us that they intend to prioritize beauty and wellness, that's what they say, but they could also do something very different depending on the environment," said Steelman. In response to this risk, Ulta has updated its sales expectations for the rest of the year. It expects its comparable sales for the year to either remain flat or increase by 1.5%. Previously, it expected its sales to increase by no more than 1%. Ulta said the updated outlook reflects expectations that its comparable store sales will either decrease by low single digits or modestly increase during the second half of the year. More Retail: Costco quietly plans to offer a convenient service for customersT-Mobile pulls the plug on generous offer, angering customersKellogg sounds alarm on unexpected shift in customer behavior "While the beauty category has historically been resilient through economic downturns, it has not been immune to consumer pressure," said Ulta Beauty Chief Financial Officer Paula Oyibo during the call. "The operating environment continues to be very dynamic, and the evolving global trade landscape has created more uncertainty related to consumer wallet pressures, especially for the second half of the year." The move from Ulta comes during a time when many consumers are worried about the impact President Donald Trump's tariffs (taxes companies pay to import goods from overseas) will have on their finances. In April, Trump imposed a 10% baseline tariff on all countries and paused reciprocal tariffs. The pause on reciprocal tariffs will end in July, and as a result, about 60 countries will see higher tariff rates. This will likely cause U.S. consumers to see inflated prices for everyday goods. Trump's tariff policy has led to uncertainty, especially since it has changed multiple times and was recently challenged in federal court. According to a recent survey from market research company Numerator, 72% of consumers are worried that tariffs will raise prices for everyday goods. Also, 85% are concerned that tariffs will impact their personal finances, while 83% will adjust their shopping behaviors to prepare for tariffs. Related: Home Depot struggles to reverse concerning customer behavior The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

This Southern-style Saturday brunch in Abu Dhabi serves drinks brewed on-site
This Southern-style Saturday brunch in Abu Dhabi serves drinks brewed on-site

Time Out Abu Dhabi

timea day ago

  • Entertainment
  • Time Out Abu Dhabi

This Southern-style Saturday brunch in Abu Dhabi serves drinks brewed on-site

If you're craving something with a little more bite, a little more character and a selection of hops, this is the brunch that'll blow your basic brunch out of the water. There are brunches – and then there's brunch at CRAFT by Side Hustle. Every Saturday from noon to 4pm, CRAFT throws down a bold feast. It's Southern US-style comfort food done right – smoky, sticky, spicy and slow-cooked perfection. If you're wondering what to get, start with the loaded brisket nachos and warm, house-baked pretzels before diving into the signature smokehouse spread: juicy beef brisket, bourbon garlic burnt ends, jumbo wings and spicy homemade chorizo (okay, we're officially hungry). Add sides like creamy mac 'n' cheese, crunchy slaw, seasoned skinny fries and slices of sourdough pizza and you've got a menu that's made for serious foodies. Dessert brings more American classics – think buttermilk pie and fresh, sugar-dusted beignets. Setting the vibe while you're chowing down on delicious food? The resident DJ who will be spinning the deck from 1-5pm. CRAFT is the UAE's first and only microbrewery restaurant where everything is brewed just metres from your table – and yes, the brunch serves pints. The drinks list doesn't stop at hops though. The premium package comes with a large selection of mixed drinks and spirits, including flavours like popcorn, espresso and many others. Prefer the classics? The house package includes two draft hops, grape and other refreshing mixed drinks. And if you want to continue the party, happy hour starts at 4pm. CRAFT by Side Hustle isn't trying to fit into the usual brunch mould – and that's exactly why it works. It's bold, independent, flavour-first and full of personality. Book now: Dhs199 (soft package), Dhs299 (house package), Dhs399 (premium package). Every Saturday from noon to 4pm. CRAFT by Side Hustle, B3, under Rosewood Hotel. @craft_by_sidehustle

Champions League final TV: is the final free to watch in UK?
Champions League final TV: is the final free to watch in UK?

Scotsman

timea day ago

  • Sport
  • Scotsman

Champions League final TV: is the final free to watch in UK?

TNT Sports has made Champions League final free to watch 👀 Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Inter Milan will face Paris Saint-Germain in the Champions League final. Munich is hosting the action at the Allianz Arena. But can you watch the final for free on your TV? It is one of the biggest nights in the footballing calendar and the anticipation for the Champions League final is through the roof. Paris Saint-Germain will face Inter Milan at the Allianz Arena this weekend. TNT Sports has the rights for European football, but has made a bold move to make all of this year's finals free to watch. It means UK viewers can follow all the action from Munich on May 31 without the need for a subscription. Advertisement Hide Ad Advertisement Hide Ad But how exactly can you find the action on your TV? Here's all you need to know: Can you watch the Champions League final for free in 2025? Champions League trophy | INA FASSBENDER/AFP via Getty Images Like the Europa and Conference League finals, TNT Sports will be broadcasting coverage of the Champions League final on Saturday (May 31). The channel (formerly BT Sports) has been the home of European football since the 2015-16 season. But if you don't have a TNT Sports subscription you might be wondering if it is still possible to catch the action from the 2025 European finals - including the Champions League final. Advertisement Hide Ad Advertisement Hide Ad Fortunately, it has been announced that UK viewers will be able to watch the Champions League, Europa League and Conference League finals for free via Discovery+ this year. Viewers don't have to pay for a subscription and can simply download the app and watch. How to watch the Champions League final for free? If you are wondering exactly how you can tune into PSG vs Inter Milan on May 31, TNT has explained everything over on its website . The steps to follow are as follows: Have TNT Sports via discovery+ Premium, EE, Sky or Virgin Media TV, with the best viewing experience you will be able to enjoy all of the action and build up programming on TNT Sports 1 or TNT Sports Ultimate. Have access to discovery+ basic account with EE TV, Sky, Prime Video , you can login or, if you haven't already, activate your discovery+ account to enjoy all three finals for no extra cost. Prime Video customers with a discovery+ Basic subscription will also be able to watch all three finals on the Prime Video app. , you can login or, if you haven't already, activate your discovery+ account to enjoy all three finals for no extra cost. Prime Video customers with a discovery+ Basic subscription will also be able to watch all three finals on the Prime Video app. Are new to TNT Sports and discovery+ . Viewers without discovery+ simply need to download the app on their mobile device, web or access via their TV, register their details online, kick back and enjoy the game for free. No subscription required. . Viewers without discovery+ simply need to download the app on their mobile device, web or access via their TV, register their details online, kick back and enjoy the game for free. No subscription required. Have Virgin Media TV, all customers in the UK can watch on channel 527. When is the Champions League final on TV? The build-up to the action at the Allianz Arena in Munich will begin on TNT Sports and Discovery+ at 6pm on May 31. It gives plenty of time for coverage ahead of kick-off at 8pm. Advertisement Hide Ad Advertisement Hide Ad Have you got a story you want to share with our readers? You can now send it to us online via YourWorld at . It's free to use and, once checked, your story will appear on our website and, space allowing, in our newspapers.

Park Bo Gum, Kim So Hyun's GOOD BOY OTT Release: Date, cast, plot, when and where to watch
Park Bo Gum, Kim So Hyun's GOOD BOY OTT Release: Date, cast, plot, when and where to watch

Pink Villa

time2 days ago

  • Entertainment
  • Pink Villa

Park Bo Gum, Kim So Hyun's GOOD BOY OTT Release: Date, cast, plot, when and where to watch

After capturing hearts with his beloved role in When Life Gives You Tangerines, actor Park Bo Gum is gearing up for a brand-new drama. It brings thrilling action, sharp wit, and heartwarming moments. Titled GOOD BOY, the upcoming series marks a bold shift in genre for the actor. Here's everything you need to know about the release date, plot, cast, and where to watch this highly anticipated K-drama. When is GOOD BOY releasing? K-drama enthusiasts can mark their calendars as GOOD BOY is scheduled to premiere on Saturday, May 31, 2025. The show will follow a bi-weekly release pattern, with new episodes airing every Saturday and Sunday at 10:40 PM KST. This timing suits weekend binge-watchers and fans who love keeping up with ongoing shows in real time. For Indian audiences, the broadcast corresponds to 7:10 PM IST, making it a perfect post-dinner watch. Where to watch GOOD BOY? GOOD BOY will have a wide digital release, making it accessible to viewers across the globe. In its home country, South Korea, the series will air on multiple platforms including JTBC, Netflix, Disney+, TVING and Coupang Play. Moreover, International fans will be pleased to know that the series will be available for streaming on Amazon Prime Video (including India). However, to access the episodes, viewers will need an active subscription plan on the platform. How many episodes will there be? GOOD BOY will consist of 16 episodes, each likely running for around an hour. The series will unfold over the course of eight weeks. This gives audiences plenty of time to discuss, speculate, and connect with the characters and storyline. Meet the cast A major reason for the buzz surrounding GOOD BOY is its powerhouse cast. The show is headlined by none other than Park Bo Gum, who plays the role of the central protagonist Yoon Dong Ju. Joining him is an ensemble of talented actors who each bring a distinct flavor to the show. Kim So Hyun as Ji Han Na Oh Jung Se as Min Ju Young Lee Sang Yi as Kim Jong Hyun Heo Sung Tae as Go Man Sik Tae Won Seok as Shin Jae Hong The supporting cast includes industry veterans like Choi Woo Jin, Seo Hyun Chul, Jung Man Sik, and Park Chul Min. What is GOOD BOY about? GOOD BOY tells the unconventional story of a group of elite former athletes who transition from sports arenas to police precincts. Through a special national recruitment program, these champions are given a second chance; not to compete, but to uphold justice. Together, they form a unique task force composed of individuals who once stood on podiums but now walk the thin line between order and chaos. Now, they do everything from tracking down criminals to confronting corruption within their own system. Their mission is clear: protect the weak, punish the wicked, and do it all with unmatched teamwork and spirit.

New Twix Flavor Fans ‘Have Been Waiting For' Finally Gets Release Date
New Twix Flavor Fans ‘Have Been Waiting For' Finally Gets Release Date

Miami Herald

time2 days ago

  • Entertainment
  • Miami Herald

New Twix Flavor Fans ‘Have Been Waiting For' Finally Gets Release Date

New details on a highly-anticipated new Twix flavor have officially been unwrapped. For what feels like forever, consumers have been teased and taunted by the arrival of what the brand called the "flavor fans have been waiting for," Twix Snickerdoodle. Now, about a week after the most recent hint that the new treat would be heading to stores, Parade finally has all the official info. Twix Snickerdoodle, if you couldn't already guess, is "inspired by the warm, cinnamon-sugar goodness" and "deep well of nostalgia" of a classic Snickerdoodle cookie. It features everything fans know and love about Twix candy–the crunchy cookie, gooey caramel and sweet milk chocolate–just with the "leveled up" and "bold" twist of cinnamon and sugar-flavored caramel. It follows the release of another cookie-inspired flavor that joined the Mars brand's subline in December 2022, Twix Cookie Dough. Related: New Snickers Flavor Is 'A Game Changer,' According to Fans Parade was able to get a sample of the treat ahead of its nationwide release and it's exactly as described. The Snickerdoodle flavor isn't subtle at all, with cinnamon detected upon the first bite. We found it quite interesting that Twix opted to make the caramel cinnamon-flavored (versus just a Snickerdoodle cookie). It's a rather unexpected twist that enhances the presence of the warm, zesty spice, leaving absolutely no doubt about what this Twix was inspired by! "Because TWIX is the iconic brand of two, we're always looking for ways to double down on flavor," Mars Wrigley North America's vice president of marketing, Martin Terwilliger, shared in a statement. "TWIX Snickerdoodle gives fans a new twist on the layers they already love. It's the perfect balance of familiar and trendy flavors, and we know it's going to be a fan favorite." Twix Snickerdoodle is expected to hit shelves nationwide this July in a single serving (1.4 ounces) and a Share Size (2.8 ounces), according to an official announcement. Shoppers should be able to find it in most convenience and grocery stores nationwide in the coming weeks, near the brand's other current offers, which include its original Twix Caramel, a Salted Caramel spinoff, a Cookies & Creme flavor and its hit Cookie Dough variety. Next: Butterfinger Teases Another New Flavor Fans 'Cannot Wait' For Copyright 2025 The Arena Group, Inc. All Rights Reserved

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