ULTA Salon, Cosmetics & Fragrance Inc. (NASDAQ: ULTA) reported third-quarter 2016 results after markets closed on Thursday. The beauty products maker and salon operator posted diluted earnings per share (EPS) of $1.40 on $1.13 billion in sales. In the same period a year ago, the company reported EPS of $1.11 on sales of $910.7 million. Third-quarter results compare to the consensus estimates for EPS of $1.37 and $1.11 billion in revenue.
Consolidated same-store sales rose 16.7% in the third quarter compared with an increase of 12.8% in the same period a year. ULTA attributed the big increase this year to more traffic (11.1%) and a higher average ticket (5.6%).
For the fourth quarter of its fiscal year ULTA forecasts a same-store sales increase in the range of 12% to 14% and diluted EPS of $2.08 to $2.13. Analysts are looking for EPS of $2.05 and revenues of $1.51 billion. Last year the company posted EPS of $1.69 in the fourth quarter on revenues of 1.27 billion.
world stock markets: Birks Group Inc.(BGI)
- [By Lisa Levin]
Birks Group Inc (NYSE: BGI) was down, falling around 23 percent to $1.90 after the company reported financial results for the twenty-six week period ended September 23, 2017.
- [By Lisa Levin]
Birks Group Inc (NYSE: BGI) was down, falling around 23 percent to $1.89 after the company reported financial results for the twenty-six week period ended September 23, 2017.
world stock markets: Dow Treasuries(DV)
- [By Peter Graham]
A long term performance chart of Apollo Education Group along with peersITT Educational Services, Inc (NYSE: ESI) and DeVry Education Group Inc (NYSE: DV) reflect the headwinds from the Obama administration:
world stock markets: Identiv, Inc.(INVE)
- [By Lisa Levin]
The industries that are driving the market today are:
Cement: This industry gained 3.4 percent by 2:30 pm. The top stock within the industry was Cemex SAB de CV (ADR) (NYSE: CX), which gained 4.7 percent. Cemex’s PEG ratio is 0.16.
Computer Peripherals: This industry rose 2.6 percent by 2:30 pm ET. The top performer in this industry was Identiv Inc (NASDAQ: INVE), which gained 13.5 percent. Identiv shares have climbed 44.83 percent over the past 52 weeks, while the S&P 500 index has increased 8.61 percent in the same period.
Internet Service Providers: The industry gained 2 percent by 2:30 pm. The top performer in this industry was TrueCar Inc (NASDAQ: TRUE) which gained 3.4 percent. TrueCar shares have jumped 60.90 percent over the past 52 weeks, while the S&P 500 index has increased 8.61 percent in the same period.
Regional – Southwest Banks: This industry moved up 1.9 percent by 2:30 pm. The top performer in this industry was Veritex Holdings Inc (NASDAQ: VBTX), which rose 6.6 percent
world stock markets: Illinois Tool Works Inc.(ITW)
- [By WWW.THESTREET.COM]
There are lots of stories like that out there these days. People were perplexed about the Illinois Tool Works (ITW) and Cummins Engine (CMI) and Caterpillar (CAT) quarters, but they turned out to be classic buying opportunities after years of being sell opportunities if the stocks had run. I can’t explain to you how amazing that is. Here are three stocks that have spent months and months in purgatory when they have missed or guided down or slashed forecasts. Now they are up gigantically.
world stock markets: Mitsubishi UFJ Financial Group Inc(MTU)
- [By Jim Jubak, Senior Markets Editor, MoneyShow.com]
The one currency that is running against the weak dollar tide is the Japanese yen. The yen initially climbed on the Fed’s no taper decision—rising to 97.75 on the news—but then fell all the way back to 99 yen to the dollar and finished yesterday at 99.42. (Remember that since the yen is quoted in yen to the dollar, a higher number is a sign of a weak yen and a smaller number means the yen is getting stronger.) The thinking seems to be that the recent Japanese trade deficit will push the Bank of Japan to further weaken the yen, in order to boost Japanese exports. I continue to think that the yen will finish 2013 at weaker levels than current trading, and that leads me to continue to hold positions in Japanese stocks such as Toyota Motor (TM) and Mitsubishi UFJ Financial Group (MTU). Both stocks are members of my Jubaks Picks portfolio.
world stock markets: City Holding Company(CHCO)
- [By Monica Gerson]
City Holding Company (NASDAQ: CHCO) is expected to report its quarterly earnings at $0.74 per share on revenue of $42.04 million.
Compass Minerals International, Inc. (NYSE: CMP) is projected to post its quarterly earnings at $1.33 per share on revenue of $347.03 million.