Shares of Ulta Salon (NASDAQ:ULTA) are ripping in early action, but there could be a devil in the details.
"About half of our earnings outperformance in the quarter was due to the impact that SG&A expenses moved later in the year," disclosed CFO Scott Settersten during the firm's earnings call (transcript).
Boatyzaffa+ FollowFollowing- Unfollow|Send Message22 Nov 2011
: stopped out @ 66.73
airlift777+ FollowFollowing- Unfollow|Send Message22 Nov 2011
: You have all the luck. I see you go to SLV when the market in trouble,
ULTA vs. ETF Alternatives
Ulta Salon Cosmetics & Fragrances, Inc. is a beauty retailer that provides one-stop shopping for mass and salon products and salon services in United States. Its brands includes Bare Minerals and Urban Decay prestige cosmetics.