Sep 13, 2013

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Hot Moving Stocks: Ulta Beauty (NASDAQ:ULTA) and Vodafone Group PLC (NASDAQ:VOD)

Hot Moving Stocks: Ulta Beauty (NASDAQ:ULTA) and Vodafone Group PLC (NASDAQ:VOD)

Ulta Beauty (NASDAQ:ULTA) on Friday declared financial results for second quarter and twenty-six week period (“First Six Months”) concluded on August 3, 2013, which contrasts with the similar quarters concluded on July 28, 2012.

Net sales hiked 24.8% to $601.0 million, as compared to $481.7 million in the second quarter of fiscal 2012.

Same store sales (sales for stores started at least 14 months) moved up 8.4%, in contrast to a hike of 9.7% in the second quarter of fiscal 2012, consisting of the impact of e-commerce sales.

Gross profit hiked 50 basis points to 35.3%, as compared to 34.8% in the second quarter of fiscal 2012.

Selling, general and administrative (SG&A) expense as a percentage of net sales moved up 40 basis points to 22.4%, in contrast to 22.0% in the second quarter of fiscal last year.

Vodafone Group PLC (NASDAQ:VOD) reported enough Kabel Deutschland Holding AG stock owners have tendered their shares for the UK telecom tycoon to meet the minimum 75% threshold to finish its EUR7.7 billion acquisition of Kabel.

Vodafone would launch a final declaration with the definitive tender ratio on Monday. Vodafone offered to purchase Kabel, Germany’s largest cable operator, in June as the British company tries to push above its stable of telecom holdings throughout Europe.

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