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Earnings Highlights and Review: Ulta Beauty's Quarterly Sales Surged 22.5%; GAAP EPS Soared 41.4%
Research Desk Line-up: Cencosud Post Earnings Coverage LONDON, UK / ACCESSWIRE / June...
About this update from Ultra Brands Ltd
[{"type":"text","content":"Earnings Highlights and Review: Ulta Beauty's Quarterly Sales Surged 22.5%; GAAP EPS Soared 41.4%Research Desk Line-up: Cencosud Post Earnings Coverage \nLONDON, UK / ACCESSWIRE / June 16, 2017 / Pro-Trader Daily publishes post-earnings coverage on Ulta Beauty, Inc. (NASDAQ: ULTA) following the Company's reporting of its first quarter fiscal 2017 financial results on May 25, 2017. The beauty products retailer reported better than estimated sales and earnings results, while it also raised fiscal 2017 guidance. Our daily stock reports are accessible for free, and with those to look forward today you also will be signing up for a complimentary member's account at:\nhttp://protraderdaily.com/register/ \nGet more of our free earnings reports coverage from other constituents of the Specialty Retail, Other industry. Pro-TD has currently selected Cencosud S.A. (NYSE: CNCO) for due-diligence and potential coverage as the Company announced on May 25, 2017, its consolidated financial results for Q1 2017. Register for a free membership today, and be among the early birds that get access to our report on Cencosud when we publish it.\nAt Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on ULTA; also brushing on CNCO. With the links below you can directly download the report of your stock of interest free of charge at:\nhttp://protraderdaily.com/optin/?symbol=ULTA \nhttp://protraderdaily.com/optin/?symbol=CNCO \nEarnings Reviewed\n \nFor the thirteen week period ended April 29, 2017, Ulta's net sales jumped 22.5% to $1.31 billion compared to net sales of $1.07 billion in Q1 2016. The Company's reported numbers came in ahead of analysts' estimates of $1.28 billion.\nDuring Q1 2017, the Company's comparable sales (sales for stores open at least 14 months and e-commerce sales) rose 14.3% in the reported quarter compared to an increase of 15.2% in the prior year's corresponding quarter, driven by 8.7% transaction growth and 5.6% growth in average ticket. Ulta's retail comparable sales increased 10.9%, including salon comparable sales growth of 9.9%.\nFor Q1 2017, Ulta's salon segment's sales advanced 16.7% to $68.7 million from $58.9 million in Q1 2016. The Company's e-commerce division sales soared 70.9% to $104.3 million versus sales of $61.0 million in the prio...