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%. 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: Weekly US and UK Store Openings and Closures Tracker 2023, Week 37: Wilko Again Drives UK ClosuresJanuary 2023 US Retail Sales: Most Sectors See Positive Year-over-Year Sales GrowthUS Consumer Tracker: Conflicting Trends in Behavior, Plus an Early Look at Memorial Day PlansThe State of In-Store Retailing: Opportunities To Redefine Operations