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BRIEF-Ulta Beauty reports Q4 EPS $2.24
March 9, 2017 / 9:16 PM / 6 months ago

BRIEF-Ulta Beauty reports Q4 EPS $2.24

March 9 (Reuters) - Ulta Beauty Inc

* Ulta beauty announces fourth quarter 2016 results

* Sees Q1 2017 earnings per share $1.75 to $1.80

* Q4 earnings per share $2.24

* Sees Q1 2017 sales $1.244 billion to $1.265 billion

* Q4 same store sales rose 16.6 percent

* Q4 earnings per share view $2.13 -- Thomson Reuters I/B/E/S

* Q4 sales $1.581 billion versus I/B/E/S view $1.54 billion

* Board approved new share repurchase authorization of $425 million, effective March 14, 2017, which replaces prior authorization implemented in march 2016

* Board of directors approved a new share repurchase authorization of $425 million, effective March 14, 2017

* Approved a new share repurchase authorization of $425 million which replaces prior authorization implemented in March 2016

* Income per diluted share for Q1 of fiscal 2017 is estimated to be in range of $1.75 to $1.80

* Comparable sales for Q1 of 2017, including e-commerce sales, are expected to increase 9 pct to 11 pct

* For Q1 of fiscal 2017, company currently expects net sales in range of $1,244 million to $1,265 million

* Sees FY comparable sales growth of approximately 8 pct to 10 pct

* Sees capital expenditures in $460 million range in fiscal 2017 Source text for Eikon: Further company coverage:

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