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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • Ulta Profits Rise 19% 0 comments
    Jun 11, 2014 11:12 AM | about stocks: ULTA

    Originally published at

    Filing in Focus: Ulta 10-Q, June 10, 2014

    Ulta Salon Cosmetics & Fragrance Inc. (NASDAQ:ULTA) announced its financial results for the first fiscal quarter 2014, posting a 19% rise in profits from a year ago. The beauty products retailer reported that comparable-store sales rose 8.7%, beating its predicted range between 5% and 7%, with revenue rising 23% to $713.8M. Earnings rose from the year-ago $41.8M and $0.65 per share to $50M and $0.77 per share. Ulta surpassed its own revenue and earnings predictions between $693M and $704M and between $0.70 and $0.75 per share respectively. Ulta is continuing its plans to open more stores with 100 net stores this year, a little lower than the 125 net new stores added last year.

    (click to enlarge)

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: ULTA
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