Ulta Beats on Strong Sales Growth, Guidance Light
June 11, 2013 at 16:43 PM EDT
Ulta Salon, Cosmetics, and Fragrance (NASDAQ: ULTA ) reported first quarter results after the close that beat analyst expectations. However, the company guided slightly below consensus for the second quarter but shares still rose in after-hours trading. Sales Growth Drives Earnings For the first quarter of 2013 ended May 14, Ulta