LOGO
LOGO

Earnings News

Interesting Stocks To Watch - September 7: LULU, ULTA, COO, LCI, SWHC, FIZZ

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

What makes these stocks interesting?

Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) reported higher-than-expected results for the second quarter, largely led by a double-digit sales growth, stronger gross margins and lower costs.

Looking ahead...

- Sees Q3 EPS in the range of $0.54 - $0.56. Consensus - $0.54/Shr.

- Expects Q3 revenues in the range of $494 mln - $503 mln. Consensus - $501.17 mln.

- Projects FY12 EPS to range between $2.58 and $2.60. Consensus - $2.55/Shr.

***

Contact lens maker Cooper Companies Inc. (COO) reported a sharp growth in third-quarter profit, boosted by increased sales and improved margins.

Q4 & FY12 Guidance

- Projects Q4 EPS in the range of $1.50 - $1.55. Consensus - $1.53/Shr.

- Sees Q4 revenue in the range of $390 mln - $400 mln. Consensus - $388.79 mln.

- Lifts FY12 adj. EPS target to $5.19 - $5.24 from prior view of $4.90 - $5.15. Consensus - $5.06/Shr.

- Raises FY12 EPS outlook to $5.10 - $5.15 from prior target of $4.88 - $5.13.

- Now sees FY12 revenue in range of $1.439 bln - $1.449 bln versus prior guidance range of $1.400 bln - $1.440 bln. Consensus - $1.43 bln.

***

Lannett Company Inc. (LCI) said it swung to a profit in fourth quarter, helped by strong sales of key higher margin products.

- Q4 EPS was $0.05 versus loss $0.07 last year. Consensus - earnings of $0.03/Shr.

- Q4 net income was $1.4 mln versus loss $1.9 mln last year.

- Q4 net sales up 40% to $35.7 mln from $25.5 mln last year. Consensus - $33.08 mln.

***

Firearm maker Smith & Wesson Holding Corp.(SWHC) reported higher profit for the first quarter, reflecting strong sales of the M&P product platform.

Q2 & FY13 Outlook

- Expects Q2 EPS in the range of $0.19 - $0.21 per share. Consensus - $0.13/Shr.

- Projects Q2 sales in the range of $130 mln - $135 mln. Consensus - $118.98 mln.

- Lifts FY13 EPS target to $0.85 - $0.90 from prior guidance range of $0.60 - $0.65. Consensus - $0.63/Shr.

- Raises FY13 sales view to $530 mln - $540 mln from prior outlook of $485 mln - $505 mln. Consensus - $498.24 mln.

***

National Beverage Corp. (FIZZ) reported an increase in first-quarter profit, largely driven by higher revenues.

- Q1 EPS up 6.9% to $0.31 from $0.29 last year.

- Q1 net income rose 7.1% to $14.4 mln from $13.4 mln last year.

- Q1 sales grew 8.1% to $182.8 mln from $169.1 mln last year.

***

Yoga-inspired athletic apparel company Lululemon Athletica Inc. (LULU) reported higher-than-expected results for the second quarter, boosted by increased comparable store sales.

- Sees Q3 EPS in the range of $0.34 - $0.36. Consensus - $0.33/Shr.

- Expects Q3 revenues in the range of $300 mln - $305 mln. Consensus - $300.12 mln.

- Raises FY12 EPS target to $1.76 - $1.81 from prior view of $1.55 - $1.60. Consensus - $1.62/Shr.

- Lifts FY12 revenues outlook to $1.345 bln - $1.360 bln from prior guidance range of $1.32 bln - $1.34 bln. Consensus - $1.35 bln.

For comments and feedback contact: editorial@rttnews.com

Business News

Looking to Invest in the Best Biotech Stocks? Subscribe to RTT Biotech Investor.
Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19