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Stock Market & Financial Investment News

News Breaks
March 14, 2014
10:27 EDTULTA, SBH, RGSUlta 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
Check below for free stories on ULTA;SBH;RGS the last two weeks.
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September 2, 2014
07:22 EDTULTAUlta Salon remains a quality growth idea, says RW Baird
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August 26, 2014
06:05 EDTRGSRegis reports Q4 adj. EPS (10c), may not compare with consensus 4c
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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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