Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta) is a beauty retailer. The Company provides salon products and salon services in the United States. It offers a combination of more than 20,000 prestige and mass beauty products. As of January 31, 2015, it operated 774 stores in 47 states.
Market: NASDAQ
Fair value: $240
Discount: fairly priced
Fair value: $240
Average yearly return: 35%
Yield: N/A
Outperformer
Hold
On May 27, 2016
Ulta Beauty (NASDAQ:ULTA) was reporting better-than-expected Q1 results, and FY2016 guidance that is above Wall Street expectations. After the close on Thursday, the beauty retailer reported that Q1 sales were up nearly 24% to $1.07 billion from year ago levels, ahead of the analyst consensus of $1.03 billion on Capital IQ.
Earnings for the quarter were $1.45 per share, up from $1.04 per share last year. For Q2, the company expects sales of $1.041 to $1.058 billion. EPS is seen at $1.32 to $1.37.
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