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Macy's Stages a Real Comeback, Ulta Beauty Crushes Q1 & Amazon Reinvents Visual Search
Season 2
Episode 293
Published 4 days, 9 hours ago
Description
Welcome to Omni Talk's Retail Daily Minute, sponsored by Duvo and Mirakl.
In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:
- Macy's reports Q1 net sales of $4.7B, up 1.8% YoY, with comps rising 3% overall and 2.4% at its 200 reimagined stores.
- Ulta Beauty beats top and bottom line estimates with EPS of $7.74 vs. $6.86 expected and revenue of $3.16B, raises full-year EPS guidance, and credits its TikTok Shop launch, Rare Beauty addition, and fragrance strength for a standout fiscal Q1.
- Amazon expands AI-powered visual search in its shopping app with real-time generative image suggestions, "Shop by Style" shoppable collages, and visual filter capabilities.
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