PREVIEW: Ulta Beauty shares fall ahead as tariffs weigh

U.S. cosmetics seller Ulta Beauty ULTA.O shares fall 5.7% ahead of qtrly results after the bell as investors focus on fallout from a deepening global trade war related to the Trump administration's tariffs

ULTA down 12% so far this week; French cosmetics industry body on Wed warned of "enormous" risk of retaliation by the United States as EU to go ahead with tariffs, and said EU tariffs to impact imports of U.S. makeup worth around 200 mln euros per year

Analysts expect qtrly rev down 3% to $3.46 bln, with adjusted EPS seen at $7.12 vs $8.08 yr-ago, per LSEG

ULTA stock has sunk about 29% YTD, compared to a 10% fall in Nasdaq .IXIC

Stock recently at 14 times expected earnings, vs avg forward PE of 21 over past five years, per LSEG data