Diamond Foods, Inc. (DMND), PVH Corp (PVH), Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA): 3 Stocks That Blew the Market Away

Finally, we have Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) looking pretty. The chain of stores that sell beauty products and perform salon services proved that vanity still sells. Revenue popped 23% higher, fueled by brisk expansion and a healthy 6.7% uptick in comps. Profitability also grew by better than 20%, checking in at $0.65 a share.

Wall Street was only targeting $0.62 a share in net income, but is that really a surprise? Ulta has beaten analyst bottom-line forecasts for what is now 18 consecutive quarters.

Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) was able to grow its earnings given a favorable product mix that favored its higher-margin prestige skincare and color cosmetics. The retailer has also tried to wean customers off coupons, allocating more of its marketing budget to performance-based online marketing strategies that target potential customers individually.

Growth should continue, and Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA)’s on track to open 125 new stores this fiscal year.

The article 3 Stocks That Blew the Market Away originally appeared on Fool.com.

Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends Ulta Salon, Cosmetics & Fragrance. The Motley Fool owns shares of Ulta Salon, Cosmetics & Fragrance.

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