Monday, August 29, 2016

Ulta Beauty (ULTA) Dropped Sharply On Disappointing Q3 Guidance

Ulta Beauty (ULTA) reported second quarter EPS of $1.43 after the bell Thursday, up from $1.15 last year. Net sales increased 21.9% to $1,069.2 million from $877.0 million a year ago. Street expectations were for EPS of $1.40 and revenues of $1.06 billion. Third quarter EPS is expected to be between $1.25 and $1.30. Analysts are expecting EPS of $1.29.

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