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Shares in Ulta Salon Cosmetics & Fragrance Inc. jumped more than 10 percent, to $46.47, in early afternoon trading Friday on the New York Stock Exchange.
Late Thursday, the company reported that its fiscal fourth-quarter profit rose 49 percent and core results topped its upbeat expectations amid continued strength in same-store sales.
The company also forecast current-quarter earnings that beat the average estimate of analysts polled by Thomson Reuters
Ulta Salon Cosmetics & Fragrance Inc.’s fiscal fourth-quarter profit jumped 49 percent, and core results topped its upbeat expectations amid continued strength in same-store sales.
Shares edged up 0.9 percent, to $42.50, after hours as the company also forecast current-quarter earnings of 29 to 31 cents a share, topping the 27-cent average estimate of analysts polled by Thomson Reuters. The company predicted sales of $364 million to $370 million, compared to analysts’ $371 million. Get the full story »
Ulta Salon, Cosmetics & Fragrance Inc. said Thursday that revenue at stores open at least a year surged 9.5 percent for its seven-week holiday period. The strong performance prompted the beauty retailer to boost its fiscal fourth-quarter earnings and revenue outlooks. Its stock jumped $1.60, or 4.6 percent, to $36.12 in morning trading. Get the full story »
Shares of Bolingbrook-based Ulta Salon, Cosmetics & Fragrance Inc. soared 18 percent to a 12:30 price of $26.25 Friday as investors reacted to a sweet-smelling quarterly profit report and outlook.
The stock, which has been in relatively steady ascent during the past 18 months, is closing in on its 52-week high of $26.75. Get the full story »
