Ulta Beauty Inc. /zigman2/quotes/210513442/composite ULTA -2.45% is hosting a virtual analyst and investor event on Tuesday where it plans to announce a partnership with Google /zigman2/quotes/202490156/composite GOOGL -2.69% /zigman2/quotes/205453964/composite GOOG -2.67% , an investment in an AI retail technology company Adeptmind, and more. The Google partnership will leverage Ulta Beauty's GlamLab Virtual try-on tool for lipstick and eyeshadow within certain brands in Google search and on the YouTube platform. Ulta will also launch a $20 million Digital Innovation Fund that will partner with early-stage investors, entrepreneurs and others. Same-day delivery is coming to some markets, and cost-saving targets of $150 million to $200 million are set. For fiscal 2022 through fiscal 2024, Ulta Beauty is forecasting a compound annual growth rate (CAGR) of 5% to 7% for sales, low-double digit CAGR for earnings per share, comparable sales growth of 3% to 5% annually and 50 new stores per year. Ulta shares fell 4.2% in Tuesday premarket trading, but the stock is up 41.5% for the year to date. The benchmark S&P 500 index [s:spx] is up 19.5% for 2021 so far.