Actionable news
0
All posts from Actionable news
Actionable news in ULTA: Ulta Salon, Cosmetics & Fragrance, Inc.,

Best Stocks for 2017: Ulta Beauty Inc (ULTA) Is the Best Retailer in North America

Editor’s note: This column is part of our Best Stocks for 2017 contest. Tracey Ryniec’s pick for the contest is Ulta Beauty Inc (NASDAQ:ULTA).

We may never see the kind of retail performance that Ulta Beauty Inc (NASDAQ:ULTA) is putting on in 2017 again in our lifetimes.

After having a record 2016 and crushing the comps, the standard storyline is that the company wouldn’t be able to continue at such a torrid pace.

But that storyline was wrong.

ULTA stock is producing in a way that no other retailer in America is doing. I encourage all investors to sit up and take notice, because it may never happen again. It’s that rare.

Because of its hot 2016, Ulta is coming up on some very difficult comps. If you were doing 15% comparable store growth last year, it’s nearly impossible to repeat it again the following year. That would be nearly 30% two-year growth.

Who’s doing that in retail? This is the industry that is supposed to be “dying” due to Amazon.com, Inc. (NASDAQ:AMZN). But don’t tell that to Ulta. First-quarter comparables were up 14.3%, after hitting 15.2% in the first quarter last year.

That is a stunning achievement.

It was driven by...


More