Top Specialty Retail Companies To Invest In 2015

Top Specialty Retail Companies To Invest In 2015: Ulta Salon Cosmetics and Fragrance Inc (ULTA)

Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta), incorporated on January 9, 1990, is a beauty retailer, which provides one-stop shopping for prestige, mass and salon products and salon services in the United States. During the year ended January 28, 2012 (fiscal 2011), the Company opened 61 new stores. It operates full-service salons in all of its stores. Its Ulta store format includes an open and modern salon area with approximately eight to 10 stations. The entire salon area is approximately 950 square feet with a concierge desk, skin treatment room, semi-private shampoo and hair color processing areas. Each salon is a full-service salon offering hair cuts, hair coloring and permanent texture, with salons also providing facials and waxing.

The Company offers products in the categories, such as cosmetics, which includes products for the face, eyes, cheeks, lips and nails; haircare, which includes shampoos, conditioners, styling products, and hair accessories; salon styling tools, which includes hair dryers, curling irons and flat irons; skincare and bath and body, which includes products for the face, hands and body; fragrance for both men and women; private label, consisting of Ulta branded cosmetics, skincare, bath and body products and haircare, and other, including candles, home fragrance products and other miscellaneous health and beauty products. The Company has combined its three operating segments: retail stores, salon services and e-commerce, into one reportable segment.

The Company competes with Macy's, Nordstrom, Sephora, Bath & Body Works, CVS/pharmacy, Walgreens, Target, Wal-Mart, Regis Corp., Sally Beauty and JCPenney salons.

Advisors' Opinion:

• [By Jonas Elmerraji]

   

   

  Nearest Resistance: $130�! �
  Nearest Support: $100

  Catalyst: Q2 Earnings

   

  Shares of beauty supply operator Ulta Salon, Cosmetics & Fragrance (ULTA) moved up approximately 20% in Friday's session, boosted by positive second quarter earnings numbers. Ulta reported profits for 94 cents per share for the quarter, beating out analysts' best guess profits of 83 cents per share. Even better, the firm expects third quarter revenues on the high end of Wall Street's expectations for both revenue and profits.

   

  The technicals look good in ULTA right now. This stock's big gap higher on Friday broke shares above key round-number resistance at $100, clearing the way for a retest of last year's highs up near $130. For traders who aren't risk-averse, ULTA is buyable here.

   

  Read More: 5 Stocks With Big Insider Buying

   

• [By Luke Jacobi]

  Shares of ULTA Salon, Cosmetics & Fragrance (NASDAQ: ULTA) got a boost, shooting up 17.9 percent to $114.89 after the company reported upbeat second-quarter results and raised its outlook. The company also unveiled a five-year plan for impressive growth.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-specialty-retail-companies-to-invest-in-2015.html