ULTA BEAUTY (ULTA STOCK) 2Q'24 RESULTS! WARREN BUFFETT BUYING VALUE STOCK?

ULTA BEAUTY (ULTA STOCK) just reported 2Q'24 results that disappointed investors as they reported weak sales trends and cut their outlook for the year. Why was Warren Buffett's Berkshire Hathaway buying ULTA stock in the 2Q 2024? Tune in for more thoughts on ULTA and the potential in the years ahead. Thanks for watching UNRIVALED INVESTING!
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[@LDP..]

Seeing Daniel have a bad hair day showed me the way out the matrix

[@samchard1250]

A video on Buffet's checklist would be helpful

[@paolatrabone9247]

Ditto

[@benjaminnoriega9619]

Great job Daniel, always nice to watch your videos

[@MeBee-fl2ow]

Must buy now. Great return over 12-18months

[@nnnooo555]

I think sephiora and ulta have a duopoly. This is isn't just retail. Not to mention relationship with Target. Go in one sometime. Also feels like consumer sediment is pretty low almost recession already for high end

[@martinreilly41]

Buffet would be proud of you 👍

[@uropy]

They need to produce back 10-15% top line growth and with current 4% buyback speed stock can reverse course at the current multiple. It’s just whether they can do the top line part

[@Goblingoongg]

My bet for ulta beauty is that it will expand internationally to compete with sephora (huge international precense already)

[@foxbat888]

Perhaps Warren's side bet is on Ulta finding the key to international expansion?

[@magalengo]

I would rather just own LVMH.

[@tbone7679]

Ulta is the epitome of investing in what you don’t understand for a guy

[@Daniel-ld3zi]

Really? Seems pretty simple... Women love pampering and looking pretty. I don't know the underlying technology of iPhones to see that people consistently use the product.

[@tbone7679]

@@Daniel-ld3zi teen girls and their ebbs and flows towards this fad or another place like sephora just seems tough to gauge

[@jsauerfinancial8257]

I don't know who will win in makeup 10 years from now.. I'll stick to commodity, cigarette, and bank stocks

[@MrFrescocotone]

It will explode next year

[@davidp252]

How come you don't seem to talk about ideas you are interested in? Been watching for a while now, and haven't heard an idea worth exploring further yet. Is there value here for my time?

[@unrivaled]

Check out my videos on PAYC, SOFI, LULU or Fairfax. I also covered PYPL a few months ago.

[@lyuboantonov]

You can tell Daniel is a ladies man by the way his eyes fire up every time women's features accentuated in Lululemon or Ulta products come up 😂

[@unrivaled]

LOL

[@goodyearspokane]

Warren stopped tuning in with all Daniels best tips behind a paywall

[@kakahuang1808]

haha, instagram filter or something...

[@gavin2730]

Ulta is a brick and mortar dinosaur. Elf and Oddity are much better business models, growing faster, and have greater returns on capital

[@MeBee-fl2ow]

Hype brands

[@Daniel-ld3zi]

They have an online presence which brought in $2 bil in 2024