Ulta Salon (ULTA) Reports Q1 EPS of 23c, Guides Q2

June 3, 2010 4:02 PM EDT
Ulta Salon, Cosmetics & Fragrance, Inc. (Nasdaq: ULTA) reports Q1 EPS of $0.23, 4 cents better than the analyst estimate of $0.19. Revenue for the quarter was $320.2 million, which compares to the estimate of $315.18 million.

Q1 comps rose 10.8%.

Sees Q2 EPS of $0.16-$0.18, versus the consensus of $0. on sales of $311-$317 million, which compares to the Street estimate of $ million. Sees same store sales up 7-9%.

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