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BRIEF-Ulta Beauty reports Q2 earnings per share of $1.83

Aug 24 (Reuters) - Ulta Beauty Inc

* Ulta Beauty announces second quarter 2017 results

* Sees Q3 2017 earnings per share $1.63 to $1.68

* Q2 earnings per share $1.83

* Sees Q3 2017 sales $1.331 billion to $1.353 billion

* Q2 same store sales rose 11.7 percent

* Q2 earnings per share view $1.78 -- Thomson Reuters I/B/E/S

* Q2 sales $1.29 billion versus I/B/E/S view $1.28 billion

* Ulta Beauty Inc qtrly net sales increased 20.6 percent to $1,289.9 million from $1,069.2 million in Q2 of fiscal 2016

* Ulta Beauty Inc - company raises guidance for fiscal year 2017

* Ulta Beauty Inc - merchandise inventories at end of Q2 of fiscal 2017 totaled $1,144.7 million, compared to $930.2 million at end of Q2 of fiscal 2016

* Ulta Beauty Inc - sees FY comparable sales growth of approximately 10 percent to 11 percent

* Ulta Beauty Inc qtrly e-commerce sales grew 72.3 percent to $96.3 million from $55.9 million in Q2 of fiscal 2016

* Ulta Beauty Inc qtrly average inventory per store increased 10.5 percent compared to Q2 of fiscal 2016

* Ulta Beauty Inc sees comparable sales for Q3 of 2017, including e-commerce sales, to increase 9 percent to 11 percent

* Ulta Beauty Inc - expects to incur capital expenditures in $460 million range in fiscal 2017

* Ulta Beauty Inc - on August 23, 2017, company entered into a second amended and restated loan agreement, which amended and restated existing agreement

* Ulta Beauty Inc - new loan agreement extends maturity of facility to August 23, 2022

* Ulta Beauty Inc - new loan agreement provides maximum revolving loans equal to lesser of $400 million or a percentage of eligible owned inventory Source text for Eikon: Further company coverage:

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