Ulta Salon Set New High For Year Thursday

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 up Friday and climbed sharply in early trade. Shares advanced further going into the close and finished up by $2.51 at $15.00 on the highest volume of the year. The stock has been rising for the last 3 sessions and set a new high for the year.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com