Analyst: Ulta Salon Is A Category Crusher

In a new report, The Buckingham Research Group’s Kelly Halsor took a close look at Ulta Salon, Cosmetics & Fragrance, Inc. ULTA 0.57%’s latest upbeat earnings numbers. Halsor also explained why Buckingham believes that it’s time to buy the stock.

The Numbers

Ulta’s Q2 earnings per share (EPS) of $1.15 came in ahead of consensus estimates of $1.12. In addition, the company reported better-than-expected comps of +10.1 percent and raised its fiscal 2015 and Q3 EPS guidance.

Halsor stated that Buckingham Research Group sees positive momentum for Ulta and believes that even the upped guidance remains on the conservative side.

Specialty Beauty

The latest strong numbers from Ulta reinforce…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common SenseI don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and is always available on your local internet!