Cowen Raises Price Target on Ulta Salon (ULTA) to $286 Following 2Q

Go back to Cowen Raises Price Target on Ulta Salon (ULTA) to $286 Following 2Q

Ulta Beauty Announces Second Quarter 2016 Results

August 25, 2016 4:03 PM EDT

Total Sales Increased 21.9%

Comparable Sales Increased 14.4%

Diluted EPS Increased 24.3% to $1.43

Company Raises Guidance for Fiscal Year 2016

BOLINGBROOK, Ill.--(BUSINESS WIRE)-- Ulta Beauty (NASDAQ: ULTA) today announced financial results for the thirteen week period (Second Quarter) and twenty-six week period (First Six Months) ended July 30, 2016, which compares to the same periods ended August 1, 2015.

The Ulta Beauty team achieved another quarter of excellent top and bottom line performance, while making significant progress on many elements of our growth strategy, said Mary... More