Ulta (ULTA) Reports In-Line Q3 Earnings; Guides Q4, FY08
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Ulta Salon, Cosmetics & Fragrance, Inc. (Nasdaq: ULTA) reports Q3 adj-EPS of $0.09, in-line with the analyst estimate of $0.09. Revenue for the quarter was $254.8 million, versus the consensus of $258.56 million.
Same store sales rose 2% during the quarter.
Sees Q4 sales of $354-$368 million, versus the consensus of $372.54 million, and EPS of $0.24-$0.28, versus the Street estimate of $0.30. Same store sales for the quarter are expected to be in the range of minus 2% to plus 2%.
Sees FY08 sales of $1.1-$1.11 billion and EPS in the range of $0.47-$0.51. Same store sales are expected to be up 1.4%-2.7% during the year.
Ulta Salon, Cosmetics & Fragrance, Inc. operates specialty retail stores selling cosmetics, fragrance, haircare and skincare products, and related accessories and services in the United States.
Same store sales rose 2% during the quarter.
Sees Q4 sales of $354-$368 million, versus the consensus of $372.54 million, and EPS of $0.24-$0.28, versus the Street estimate of $0.30. Same store sales for the quarter are expected to be in the range of minus 2% to plus 2%.
Sees FY08 sales of $1.1-$1.11 billion and EPS in the range of $0.47-$0.51. Same store sales are expected to be up 1.4%-2.7% during the year.
Ulta Salon, Cosmetics & Fragrance, Inc. operates specialty retail stores selling cosmetics, fragrance, haircare and skincare products, and related accessories and services in the United States.
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