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: 3Q23 US Earnings Season Wrap-Up: Mixed Performances Amid Weak Demand and Economic Uncertainty3Q23 US Livestreaming Tracker: Target Provides Competition for Walmart, Opportunities for Home and BeautyRetail Shrink and ORC: Theft and Fraud Remain Top Challenges for Food RetailersWeekly US and UK Store Openings and Closures Tracker 2023, Week 19: UK Openings Up 52%