Ulta Salon Beats Street Estimates; Shares Bid Higher (ULTA)

Ulta Salon, Cosmetics & Fragrance, Inc. ULTA reports Q2 EPS of $0.22 versus estimates of $0.18. Ulta Salon, Cosmetics & Fragrance, Inc. reports revenues of $321.8 million versus estimates of $314.86 million. The company said it sees Q3 adjusted EPS of $0.20 to $0.22 on revenues of $324 to $330 million. It also noted that 2010 Cap-Ex would be $105 million and that it plans to open 28 stores in Q3. Shares of ULTA are bid at $23.26/$24.79 in the after-hours. Ulta Salon, Cosmetics & Fragrance, Inc. is a beauty retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the United States. The company offers a combination of over 21,000 prestige and mass beauty products organized by category in bright, open, self-service displays to encourage its customers to play, touch, test, learn and explore.