Reuters Mergers & Acquisitions - Jan 27, 2010Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA)
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Erika Maschmeyer
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Robert W. Baird & Company[ID:nWNAB9086] "While we are encouraged by gross margin improvement and expense discipline, as well as improvement in top line trends in January, we anticipate slow traffic to limit results over the near term," Robert W Baird analyst Erika Maschmeyer said Beauty companies like Regis and larger rival
Ulta Salon, Cosmetics & Fragrance Inc ( ULTAO ) have been hurt by the protracted recession, which has cut deeply into consumers' spending, and forced shoppers to become thrifty when it comes to hair cuts and personal grooming HIGHER MARGINS, LOWER COSTS Gross margins at the company improved by 70 basis points during the second quarter, due to better salon pay plans and commission plans for new stylists Operating expenses slumped more than 8 percent to $5433 million during the quarter
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<span class="sent">[ID:nWNAB9086] "While we are encouraged by gross margin improvement and expense discipline, as well as improvement in top line trends in January, we anticipate slow traffic to limit results over the near term," Robert W Baird analyst <span class="analyst">Erika Maschmeyer</span> said</span> Beauty companies like Regis and larger rival <span class="company">Ulta</span> Salon, Cosmetics & Fragrance Inc ( ULTAO ) have been hurt by the protracted recession, which has cut deeply into consumers' spending, and forced shoppers to become thrifty when it comes to hair cuts and personal grooming HIGHER MARGINS, LOWER COSTS Gross margins at the company improved by 70 basis points during the second quarter, due to better salon pay plans and commission plans for new stylists Operating expenses slumped more than 8 percent to $5433 million during the quarter...<span class="sent">[ID:nWNAB9086] "While we are encouraged by gross margin improvement and expense discipline, as well as improvement in top line trends in January, we anticipate slow traffic to limit results over the near term," Robert W Baird analyst <span class="analyst">Erika Maschmeyer</span> said</span> Beauty companies like Regis and larger rival <span class="company">Ulta</span> Salon, Cosmetics & Fragrance Inc ( ULTAO ) have been hurt by the protracted r
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