Insight Report 2 minutes PremiumULTA Beauty (ULTA) 3Q16 Results: Beats Expectations; Raises FY16 Outlook Coresight Research December 2, 2016 Executive Summary ULTA Beauty reported 3Q16 EPS of $1.40, ahead of the $1.37 consensus estimate, and up 26.1% year over year. Revenues rose 24.3% from the year-ago quarter to $1.13 billion, also beating the consensus estimate of $1.11 billion. Comp sales, including the impact from ecommerce sales, increased 16.7% year over year, beating the 14.8% consensus estimate. That growth was driven by an 11.1% gain in transaction volume and a 5.6% higher average ticket sale. Total ecommerce sales increased 59.1% year over year to $73.6%, contributing 240 basis points of the total company comp sales increase. ULTA Beauty raised its FY16 guidance and now expects EPS growth in the high 20% range versus previous guidance of mid-twenties percentage. The company projects comps to be up 13%–15%, versus previous guidance of 12%–14% and the 13.8% consensus estimate. 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: US and UK Retail Bankruptcies Latest, September 2023: US Convenience and Apparel See BankruptciesIndia’s Post-Pandemic Retail Revival: Five Key Trends Signaling the Brick-and-Mortar ComebackMarket Outlook: UK Grocery—Inflation Drives Value Growth Amidst Volume DeclineDay Three at NRF 2024: Retail’s Big Show—Lessons from Macy’s, Shein, Temu and More