Ulta Beauty

Ulta Beauty shares jumped about 4% Monday, reversing a Friday selloff after the company beat Q2 estimates and raised full-year EPS, sales growth and comparable-sales guidance. Q2 net income was $282 million ($6.55/share) on revenue of $3.04 billion, with comps up 3.8% versus a 2.3% consensus. The stock's rebound comes amid a narrower sector move while broader benchmarks slipped, testing whether the earlier selloff was an overreaction. » More on finance.yahoo.com

Ulta Beauty increased revenue by nearly 9% to $3.04 billion and beat expectations with an adjusted earnings per share of $6.55. The cosmetics retailer then raised its full-year outlook, even though the stock was under pressure in pre-market trading. Overall, US indexes rose led by technology stocks, but market breadth remained weak. » More on finanzen.net

Ulta Beauty reported second-quarter earnings of $6.55 per share on revenue of $3.0 billion, both slightly above consensus estimates, and raised its full-year revenue and earnings guidance. Comparable-store sales rose 3.8%, operating income increased 10.1% and net income grew 8.1%. Despite the stronger results, the stock fell sharply after hours, suggesting investors were disappointed by the outlook or margin profile. Management highlights market-share gains in the prestige segment, expansion of assortment and omnichannel strategy, and a further share buyback program. » More on de.investing.com