Ulta Slips Despite Strong Q1, But Analysts Remain Upbeat
May 29, 2015 at 11:00 AM EDT
Ulta Salon, Cosmetics & Fragrance (ULTA) gave up its early gains and was down 0.3% in Friday morning trading despite its upbeat first-quarter earnings and guidance. The Wall Street Journal Ulta said it earned $66.9 million, or $1.04 a share, up from 77 cents a share in the year-ago period. Revenues rose 21.6% to $868.1 million [...]
