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David Bartosiak of Zacks Investment Research was live to discuss Ulta earnings along with real-time trade ideas before they announced this afternoon.
Ultra just released its first quarter fiscal 2016 earnings results, posting earnings of $1.45 per share and revenue at $1.073.7 billion.
Ulta (ULTA) has a #2 Buy according to the Zacks Rank. Ulta was featured as our Bull of the Day on May 3, 2016
Ulta Beauty operates 874 retail stores across 48 states and also sells beauty products through its website. In addition to selling beauty products, some larger locations operate full service salons. According Zacks Value Editor Tracey Ryniec, “Ulta is known for selling drugstore brand products, such as Maybelline and Cover Girl, it has been expanding into more up market brands such as Lancome and Urban Decay.”
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David Bartosiak is the editor of the Momentum Trader and Home Run Investor service. He has over a decade of experience in the financial services industry. He has traded forex, futures, stocks, and options. Mr. Bartosiak is a frequent guest on popular business news TV channels such as Bloomberg TV. He’s also the host of a light-hearted, Millennial-minded series of videos called “Trending Stocks.”
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ULTA SALON COSM (ULTA): Free Stock Analysis Report
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