Mary Dillon, CEO of Ulta Salon Cosmetics, bought 5,000 shares of Ulta Salon Cosmetics (Stock Symbol: PAR) at $97.35 per share for a total amount of $486.8 thousand on March 18, 2014.
Ulta Salon Cosmetics is based in Bolingbrook, Illinois.
On April 25, 2014, it was reported that ULTA Salon Cosmetics and Fragrance (ULTA) has been a 10-bagger for investors over the last five years, with its share price touching $130 in November 2013. Following disappointing November quarter results, shares declined to $80 levels before ticking up again following strong results during the February quarter. For more recent investors, the stock price has had a wild ride over the past year, giving back most of its gains.
On March 13, 2014, Ulta Salon Cosmetics announced its latest quarterly results. Ulta’s earnings per share increased 9% and revenue increased 14.4% year-over-year, as comparable-store sales rose an impressive 9.2%. Gross profit increased 13.1% to $293.56 million and the gross margin took a slight hit, declining 40 basis points to 33.8%. Ulta opened 11 new stores during the quarter to bring its total store count to 675, with all of its stores located in the United States. The stock reacted to these results by rising more than 6% in the next trading session that followed the release and it has continued rallying in the weeks since then.
According to Capital IQ, Ulta Salon Cosmetics has a market cap of $5.57 billion, an enterprise value of $5.34 billion, and trailing 12 month revenues of $2.67 billion.
ULTA Salon, Cosmetics & Fragrance, Inc. operates specialty retail stores in the United States. Its stores offer an assortment of branded and private label beauty products in cosmetics, fragrance, haircare, skincare, bath and body products, and salon styling tools. The companys cosmetics include products for the face, eyes, cheeks, lips, and nails; haircare products comprise shampoos, conditioners, styling products, and hair accessories; salon styling tools, such as hair dryers, curling irons, and flat irons; skincare, and bath and body products consist of products for the face, hands, and body; and fragrances. It also provides nail polish and nailcare products; mens skincare, haircare, and fragrance products; private label products consisting of Ulta branded cosmetics, skincare, bath and body products, and haircare products; and other products, which include candles, home fragrance products, and other health and beauty products. As of February 1, 2014, the company operated 675 retail stores in 46 states. It also operates full-services salons in its stores, offering haircuts, hair coloring, and permanent texture, as well as facials and waxing; and distributes its products through its Website, ulta.com.
Mary Dillon is 53 years old.
According to her biography, Ms. Mary N. Dillon has been appointed as Chief Executive Officer, Director of Ulta Salon Cosmetics and Fragrance, Inc., effective June 24, 2013. Prior to joining Ulta Beauty, she was President and Chief Executive Officer and a Director of U.S. Cellular since June 2010. From 2005 to 2010, Dillon served as Global Chief Marketing Officer and Executive Vice President for McDonald’s Corporation. Prior to joining McDonald’s, Ms. Dillon was an executive at PepsiCo, where she held various positions including President of the Quaker Foods division. Ms. Dillon served as a member of the Board of Directors for Target Corporation from 2007 to 2013.
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