Ulta Salon (NASDAQ: ULTA) reported Q3 EPS of $2.25, $0.12 better than the analyst estimate of $2.13. Revenue for the quarter came in at $1.68 billion versus the consensus estimate of $1.69 billion.

• Comparable Sales Increased 3.2%

GUIDANCE:

Ulta Salon sees FY2019 EPS of $11.93-$12.03, versus the consensus of $11.92.

• open approximately 80 new stores, execute approximately 20 remodel or relocation projects, and complete approximately 270 store refreshes;
• increase total sales by approximately 10% (previously between 9% and 12%);
• achieve comparable sales growth in the range of 4.7% to 5.0% (previously 4% to 6%), including e-commerce growth of 20% to 30%;
• deleverage operating income margin rate in the range of 60 to 70 basis points;
• deliver diluted earnings per share in the range of $11.93 to $12.03 (previously $11.86 to $12.06), including the impact of approximately $700 million in share repurchases and assuming an effective tax rate of approximately 23%;
• incur capital expenditures between $305 million and $315 million (previously $340 million to $350 million); and
• incur depreciation and amortization expense of approximately $300 million.

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