Ulta Salon (ULTA) Tops Q1 EPS by 11c, Comps Increase 11.4%, Updates Guidance

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Go back to Ulta Salon (ULTA) Tops Q1 EPS by 11c, Comps Increase 11.4%, Updates Guidance

Sterne Agee CRT Reiterates Buy rating on Ulta Salon (ULTA) Following Q1

May 29, 2015 9:30 AM EDT

Sterne Agee CRT reiterates a Buy rating and $168 price target on ULTA Salon (NASDAQ: ULTA) following Q1. ULTA reported Q1 EPS of $1.04, above their $0.88 to $0.93 guidance. ULTA guided Q2 EPS of $1.07 to $1.12.

Analyst Ike Boruchow commented, "ULTA started 2015 off on the right... More

Cowen Raises Price Target Following Ulta Salon's (ULTA) 11c EPS Beat

May 29, 2015 7:00 AM EDT

Cowen reiterates an Outperform rating on ULTA Salon (NASDAQ: ULTA), and raised the price target to $178.00 (from $170.00), following 1Q results. ULTA reported 1Q EPS of $1.04, significantly ahead of Cowen's $0.91 estimate. Reported sales were $868mm or vs. Cowen's $843mm estimate.

Analyst Oliver Chen commented, "ULTA's +11c EPS beat vs. St on healthy traffic & loyalty program gains is encouraging for sustainability of... More