More on Ulta Salon (ULTA): Q1 beats on a per share basis on a 22% Y/Y jump in total revenue. Net...
Tuesday, June 5, 2012, 4:58 PM ETMore on Ulta Salon (ULTA): Q1 beats on a per share basis on a 22% Y/Y jump in total revenue. Net earnings jumped 50% as store expansions and same-store sales growth continue to drive improved results. The company also ups Q2 guidance, now expecting to earn $0.49 - $0.51 per share on $466M - $473M in sales. Street estimates are for $0.48 per share on $467M in revenue. Same-store sales growth is expected come in at 6% to 8%. Shares +1.3% AH.
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