Seeking Alpha

Ulta Salon (ULTA) Q1 EPS $0.37 beats by $0.06. Revenue of $386M (+21% Y/Y), beats by $14.4M....

Ulta Salon (ULTA) Q1 EPS $0.37 beats by $0.06. Revenue of $386M (+21% Y/Y), beats by $14.4M. Same store sales +11.1%. Gross margins increase to 34.9% from 32.6%, while operating margin improves to 10.1% from 7.3%. Shares +12% AH. (BW)

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