Insight Report 3 minutes PremiumUlta Beauty (ULTA) 2Q16 RESULTS: MOMENTUM CONTINUES Coresight Research August 26, 2016 Executive Summary Ulta Beauty reported 2Q16 revenues of $1,069.2 million, up 21.9% from last year’s $887 million and slightly above the consensus estimate of $1.07 billion. The company acquired new customers in 2Q16. Its loyalty program surpassed the 20-million-member milestone in the quarter, and now has 20.6 million active members, up 27% from last year. Ulta also raised guidance for fiscal year 2016. The company now plans to achieve 11%–13% comps versus the previously guided 10%–12%. EPS growth for the year is now expected to be in the low- to mid-20% range, compared to the previous guidance of low twenties. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: China Consumer Tracker: More Consumers Are Making Discretionary PurchasesInsights Video: Market Navigator—US Grocery RetailingWeinswig’s Weekly: Retail Media Networks Present a Challenging but Highly Rewarding OpportunityUS Consumer Tracker Extra: Which Consumers Are Trading Down To Combat Inflation?