Pedestrians pass in front of an Ulta Beauty store in New York.
Gabby Jones | Bloomberg | Getty Images
Check out the companies making headlines in midday trading.
Ulta Beauty — Shares of the retailer gained 6% after the company’s second-quarter profit topped expectations. Ulta earned 14 cents per share during that time period, compared with the 6-cent profit analysts polled by Refinitiv expected. E-commerce sales more than tripled year over year.
Coca-Cola — Shares of Coca-Cola rose 1.6% after the beverage giant announced a workforce restructuring plan. Coke said it will offer voluntary layoff packages to employees. On the operations side, nine new divisions will replace 17…