Reuters logo
BRIEF-Ulta Beauty reports Q2 earnings per share of $1.83
August 24, 2017 / 8:31 PM / 3 months ago

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:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below