Ulta Salon (NASDAQ: ULTA) reported Q4 EPS of $3.61, $0.05 better than the analyst estimate of $3.56. Revenue for the quarter came in at $2.12 billion versus the consensus estimate of $2.11 billion.

Comparable Sales Increased 9.4%

GUIDANCE:

Ulta Salon sees FY2019 EPS of $12.65-$12.85, versus the consensus of $12.74.

• open approximately 80 new stores, execute approximately 20 remodel or relocation projects and complete approximately 270 store refreshes;
• increase total sales in the low double digits percentage range;
• achieve comparable sales growth of approximately 6% to 7%, including e-commerce growth of 20% to 30%;
• leverage operating profit margin rate 10 to 20 basis points;
• deliver diluted earnings per share in the range of $12.65 to $12.85, including the impact of approximately $700 million in share repurchases and assuming a 24% effective tax rate. The Company expects diluted earnings per share growth of low teens and modest operating margin deleverage in the first half of the year and high teens diluted earnings per share growth and modest operating margin leverage in the second half of the year;
• incur capital expenditures of $380 million to $400 million in fiscal 2019, compared to fiscal 2018 capital expenditures of $319 million; and
• incur depreciation and amortization expense of $315 million.
• For earnings history and earnings-related data on Ulta Salon (ULTA) click here.