ULTA Salon (ULTA) PT Raised to $110 at Jefferies
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ULTA Salon (ULTA) PT, Estimates Raised at Sterne Agee on 'Solid' Q2
September 12, 2014 6:22 AM EDTSterne Agee analyst Ike Boruchow boosted estimates and his price target on Buy-rated ULTA Salon (NASDAQ: ULTA) to $125.00 (from $108.00) following solid Q2 results.
Boruchow commented, "ULTA posted a robust Q2 print, handily beating sales and EPS expectations while laying out a... More
Ulta Salon (ULTA) Tops Q2 EPS by 11c, Q3 Rev. Guidance Tops Views
September 11, 2014 4:06 PM EDTUlta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) reported Q2 EPS of $0.94, $0.11 better than the analyst estimate of $0.83. Revenue for the quarter came in at $734.2 million versus the consensus estimate of $712.63 million. Comps increased 9.6%
We are delighted to announce excellent second quarter results and our more optimistic view of sales and earnings growth for 2014, said Mary Dillon, Chief Executive Officer. A significant improvement in traffic, successful new product and brand launches, and rapid e-commerce growth drove better than expected top line performance. As a result, the Ulta team delivered healthy operating margin expansion in... More
