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Stock Market & Financial Investment News

News Breaks
June 11, 2014
12:26 EDTULTA, SBH, RGS, LBUlta Salon rallies after better than expected results
Shares of beauty products retailer Ulta Salon (ULTA) are rising after the company's first quarter quarter results topped analysts' consensus estimates. WHAT'S NEW: Last night, Ulta Salon reported Q1 earnings per share of 77c and revenue of $713.8M, topping estimates of 74c and $699.95M, respectively. Q1 same store sales increased 8.7%. WHAT'S NOTABLE: The company forecast Q2 EPS of 78c-83c and revenue of $706M-$717M, compared to consensus of 82c and $703.95M, respectively. Q2 SSS were seen increasing 5%-7%. Ulta Salon confirmed its FY14 EPS and revenue would grow at a mid-teens percentage range, with SSS growth of approximately 4%-6%. In FY14, Ulta expects to expand square footage by 15%, open 100 net new stores, and generate free cash flow in excess of $100M. ANALYST REACTION: This morning, research firm RW Baird said Ulta Salon remains a quality growth story following its strong Q1 results, citing its attractive industry, significant unit runway, and compelling initiatives. The firm kept its Outperform rating and $110 price target on the shares. Another firm, Wells Fargo, said the company's traffic trends were exceptional in Q1, while its underlying gross margin trend is healthy. The firm kept an Outperform rating on the shares. PRICE ACTION: In early afternoon trading, Ulta Salon rose $11.95, or about 14%, to $97.26 on nearly four times its average daily trading volume. Including today's advance, the stock is up approximately 17% over the past 12 months. OTHERS TO WATCH: Other companies in the beauty industry include Sally Beauty Holdings (SBH), Regis Corporation (RGS), and L Brands (LB).
News For ULTA;SBH;RGS;LB From The Last 14 Days
Check below for free stories on ULTA;SBH;RGS;LB the last two weeks.
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September 2, 2014
07:52 EDTLBL Brands to host sales conference call
Conference call to discuss August sales will be held on September 4 at 7:30 am. Webcast Link
07:22 EDTULTAUlta Salon remains a quality growth idea, says RW Baird
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August 26, 2014
08:29 EDTLBL Brands 3.5M share Block Trade priced at $63.34
UBS acted as sole book running manager for the offering.
06:05 EDTRGSRegis reports Q4 adj. EPS (10c), may not compare with consensus 4c
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August 22, 2014
16:42 EDTLBMarket finishes week higher on economic data, earnings
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07:46 EDTLBL Brands remains a key idea at Morgan Stanley
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August 21, 2014
10:36 EDTLBL Brands fundamentals improving, says Sterne Agee
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08:07 EDTLBPopeyes Louisiana Kitchen names Matt CFO
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07:51 EDTLBL Brands remains one of the most attractive long-term stories, says UBS
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August 20, 2014
18:35 EDTSBHOn The Fly: After Hours Movers
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17:30 EDTSBHSally Beauty authorizes new $1.0B share repurchase program
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16:38 EDTLBL Brands raises FY14 EPS guidance to $3.03-$3.18 from $3.00-$3.15
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16:36 EDTLBL Brands sees Q3 EPS 26c-31c, consensus 30c
16:35 EDTLBL Brands reports Q2 EPS 63c, consensus 62c
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15:26 EDTLBNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Hewlett-Packard (HPQ), consensus 89c; L Brands (LB), consensus 62c; Synopsys (SNPS), consensus 60c; CACI International (CACI), consensus $1.43; Semtech (SMTC), consensus 39c; Popeyes Louisiana Kitchen (PLKI), consensus 39c; America's Car-Mart (CRMT), consensus 60c.
August 19, 2014
09:19 EDTLBL Brands volatility elevated flat Q2 and outlook
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