Insight Report 2 minutes PremiumUlta Beauty (ULTA) 1Q16 Results: Ulta Continues to Benefit from Strong Demand in the Beauty Category Coresight Research May 26, 2016 Executive Summary Ulta Beauty reported 1Q16 EPS of $1.45 versus the consensus estimate of $1.29. Total revenue was $1.07 billion versus consensus of $1.03 billion. Sales benefited from healthy consumer demand in the beauty category as well as from the company’s unique format and offering. Comps increased by 15.2%, driven by 11.0% growth in traffic and 4.2% growth in average ticket. Management provided 2Q16 EPS guidance of $1.32–$1.37 versus consensus of $1.40. Total revenue is expected to be $1.04–$1.06 billion versus consensus of $1.03 billion. Comps are expected to increase by 11%–13%. Full-year guidance now calls for comp growth of 10%–12%, up from 8%–10% previously. EPS growth is expected to be in the low-20% range compared to prior guidance of 18%–20%. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Three Data Points We’re Watching This WeekYour Guide to Groceryshop 2023: How To Navigate Five Themes in Grocery RetailEarnings Insights 3Q23, Week 2: Crocs, CVS and Colgate-Palmolive Report Strong Results; Carter’s, Clorox, Estée Lauder and VF Corporation See Sales DeclineAnalyst Corner: The Rise of Grocery Discounters with Sujeet Naik