Ulta Salon, Cosmetics & Fragrance (Nasdaq: ULTA) reported earnings on June 5. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended April 28 (Q1), Ulta Salon, Cosmetics & Fragrance met expectations on revenues and beat slightly on earnings per share.

Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share expanded significantly.

Margins grew across the board.

Revenue details
Ulta Salon, Cosmetics & Fragrance reported revenue of $474.1 million. The nine analysts polled by S&P Capital IQ predicted a top line of $473.8 million on the same basis. GAAP reported sales were 23% higher than the prior-year quarter's $386.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.54. The eight earnings estimates compiled by S&P Capital IQ predicted $0.53 per share. GAAP EPS of $0.54 for Q1 were 46% higher than the prior-year quarter's $0.37 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 36.0%, 110 basis points better than the prior-year quarter. Operating margin was 12.1%, 200 basis points better than the prior-year quarter. Net margin was 7.4%, 140 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $473.2 million. On the bottom line, the average EPS estimate is $0.51.

Next year's average estimate for revenue is $2.18 billion. The average EPS estimate is $2.55.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 238 members out of 280 rating the stock outperform, and 42 members rating it underperform. Among 85 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 70 give Ulta Salon, Cosmetics & Fragrance a green thumbs-up, and 15 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ulta Salon, Cosmetics & Fragrance is outperform, with an average price target of $100.29.

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