Ulta Salon, Cosmetics & Fragrance Beats Up on Analysts Yet Again
Ulta Salon, Cosmetics & Fragrance (NAS: ULTA) reported earnings on Mar. 8. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Jan. 28 (Q4), Ulta Salon, Cosmetics & Fragrance met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share improved significantly.
Margins improved across the board.
Ulta Salon, Cosmetics & Fragrance recorded revenue of $582.5 million. The seven analysts polled by S&P Capital IQ predicted revenue of $578.5 million on the same basis. GAAP reported sales were 23% higher than the prior-year quarter's $473.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.73. The nine earnings estimates compiled by S&P Capital IQ predicted $0.67 per share. GAAP EPS of $0.73 for Q4 were 49% higher than the prior-year quarter's $0.49 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 34.1%, 100 basis points better than the prior-year quarter. Operating margin was 12.6%, 230 basis points better than the prior-year quarter. Net margin was 7.9%, 150 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $459.2 million. On the bottom line, the average EPS estimate is $0.46.
Next year's average estimate for revenue is $2.11 billion. The average EPS estimate is $2.32.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 211 members out of 253 rating the stock outperform, and 42 members rating it underperform. Among 78 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 68 give Ulta Salon, Cosmetics & Fragrance a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ulta Salon, Cosmetics & Fragrance is outperform, with an average price target of $79.29.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Motley Fool newsletter services have recommended buying shares of Ulta Salon and Cosmetics & Fragrance. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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