Ulta Salon (NASDAQ: ULTA) reported Q4 EPS of $1.33, $0.06 better than the analyst estimate of $1.27. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.01 billion. Comps increased 11.1%

Effective March 17, 2015, the Company’s board of directors authorized an increase of $100 million to the existing share repurchase program implemented in September of 201

Ulta Salon sees Q1 2015 EPS of $0.88-$0.93, versus the consensus of $0.91. Ulta Salon sees Q1 2015 revenue of $833-847 million, versus the consensus of $832.10 million.

Outlook

For fiscal 2015, the Company plans to:

• achieve comparable sales growth of approximately 6% to 8%, including the impact of the e-commerce business;
• increase total sales in the mid-teens percentage range;
• grow e-commerce sales in the 40% range;
• expand square footage by approximately 13% with the opening of 100 net new stores;
• remodel four locations;
• deliver earnings per share growth in the range of 15% to 17%, including planned supply chain and system investments, excluding the $0.02 non-recurring tax benefit in Q4 of 2014, and assuming continued share repurchases to offset dilution; and
• incur capital expenditures in the $300 million range in fiscal 2015, compared to $249 million in fiscal 2014.

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