Ulta Salon Is Rising On Q2 Results

Ulta Salon (ULTA) reported second quarter EPS of $0.10 after the close Thursday, which topped the consensus estimate of $0.05. The company expects to report third quarter EPS of $0.08 to $0.11, compared to the consensus estimate of $0.09.

Ulta Salon gapped open higher Thursday and has continued to rise in early trade on above average volume. Shares are now higher by 1.55 at $14.04. The stock has been climbing for the last 3 sessions and has set an 11 1/2 month high.

by RTTNews Staff Writer

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