Ulta Salon (ULTA)

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Loop Capital Remains Sidelined on Ulta Salon (ULTA) Following 3Q Report

December 7, 2018 7:01 AM EST

Loop Capital analyst, Anthony Chukumba, reiterated a Hold rating and $300.00 price target on ULTA Salon (NASDAQ: ULTA) following the company's 3Q earnings report. Net sales increased 16.2% to $1.6B, with comparable sales up 7.8%. Operating margin declined 130 bps YoY to 10.8%, and diluted EPS increased 28.2% to $2.18, beating consensus... More