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Stock Market & Financial Investment News

News Breaks
March 14, 2014
10:27 EDTRGS, SBH, ULTAUlta Salon rallies after results top estimates
Shares of beauty retailer Ulta Salon (ULTA) are advancing after the company’s fourth quarter results beat estimates. WHAT'S NEW: Last night, Ulta Salon reported Q4 earnings per share of $1.09 and revenue of $868.1M, against consensus views of $1.07 and $855.64M, respectively. Q4 same store sales increased 9.2%. WHAT’S NOTABLE: The company forecast Q1 EPS of 70c-75c and revenue of $693M-$704M, compared to estimates of 80c and $696.23M, respectively. Q1 SSS are expected to increase 5%-7%. Ulta Salon sees FY14 EPS growth in the mid-teens percentage range, and an increase in FY14 total revenue in the mid-teens percentage range. The company sees FY 14 SSS growth of approximately 4%-6%, including the impact of the e-commerce business. PRICE ACTION: In early morning trading, Ulta Salon rose $6.33, or just over 7%, to $95.84 on well over twice its average daily trading volume. Including today’s rise, the stock has gained almost 9% over the past twelve months. OTHERS TO WATCH: Others in the beauty products industry include Sally Beauty (SBH) and Regis (RGS).
News For ULTA;SBH;RGS From The Last 14 Days
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May 14, 2015
07:06 EDTSBHSally Beauty confirms illegal intrusion into payment card systems has occurred
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May 11, 2015
09:59 EDTSBHOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Alcatel-Lucent (ALU) upgraded to Outperform from Neutral at Exane BNP Paribas... Caterpillar (CAT) upgraded to Outperform at Baird... Cisco (CSCO) upgraded to Outperform with $36 target at Pacific Crest... Evolution Petroleum (EPM) upgraded to Outperform from Market Perform at Northland... Hecla Mining (HL) upgraded on hedging discipline at Roth Capital... Joy Global (JOY) upgraded to Outperform from Neutral at Baird... Monster Beverage (MNST) upgraded to Buy from Neutral at Citigroup... Nokia (NOK) upgraded to Outperform from Neutral at Exane BNP Paribas... On Deck Capital (ONDK) upgraded to Neutral from Sell at Sterne Agee CRT... Royal Caribbean (RCL) upgraded to Outperform from Neutral at Wedbush... SMC (SMECF) upgraded to Buy from Neutral at Goldman... Sally Beauty (SBH) upgraded to Outperform from Market Perform at Raymond James... Southwestern Energy (SWN) upgraded to Overweight from Equal Weight at Barclays... Sprouts Farmers Markets (SFM) upgraded to Outperform at BMO Capital... Suburban Propane (SPH) upgraded on positive outlook at Stifel... Suffolk Bancorp (SUBK) upgraded to Outperform from Market Perform at Keefe Bruyette... Syngenta (SYT) upgraded to Buy from Neutral at UBS... Triumph Group (TGI) upgraded to Outperform from Sector Perform at RBC Capital... United Natural Foods (UNFI) upgraded to Overweight from Equal Weight at Stephens... Web.com (WWWW) upgraded to Buy from Hold at Deutsche Bank... Zillow Group (Z) upgraded to Buy from Neutral at SunTrust.
08:03 EDTSBHSally Beauty upgraded to Outperform from Market Perform at Raymond James
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06:20 EDTSBHSally Beauty upgraded to Outperform from Market Perform at Raymond James

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