Ulta Salon (ULTA) Tops Q3 EPS by 3c, Comps Up 16%; Offers Guidance

Ulta Salon (NASDAQ: ULTA) reported Q3 EPS of $1.40, $0.03 better than the analyst estimate of $1.37. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.11 billion.

Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 16.7% compared to an increase of 12.8% in the third quarter of fiscal 2015.

GUIDANCE:

Ulta Salon sees Q4 2016 EPS of $2.08-$2.13, versus the consensus of $2.05. Ulta Salon sees Q4 2016 revenue of $1.516-1.541 billion, versus the consensus of $1.51 billion.

Comparable sales for the fourth quarter of 2016, including e-commerce sales, are expected to increase 12% to 14%.

For earnings history and earnings-related data on Ulta Salon (ULTA) click here.

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