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: Walmart To Expand Its Health Footprint, Plans To Nearly Double Its Healthcare Centers by 2025Key Retail-Tech Themes at NRF 2024: Retail’s Big Show—Partnerships, GenAI, RFID and SustainabilityHead-to-Head in US Warehouse Club Retailing: Costco vs. Sam’s ClubWeekly US and UK Store Openings and Closures Tracker 2024, Week 2: Bodycare To Open 20 UK Stores
