What the experts are saying about ULTA-Q

Signal	Opinion	Expert
PAST TOP PICK	Ulta Salon Cosmetics and Fragrance Inc.(ULTA-Q) March 13, 2019 (A Top Pick Apr 20/18, Up 34%) Still likes the US retail space--strong same-store sales growth and are opening new stores. They open 100 per year with 1,100 total. Same-store sales growth is 7-8% yearly. They just announced the new Kylie line and the stock jumped. Well-managed with lots of room to grow. They're aiming for 2,000 stores yet their online hasn't suffered. Consumer Products 0 0 0 0 0 0 comments	(A Top Pick Apr 20/18, Up 34%) Still likes the US retail space--strong same-store sales growth and are opening new stores. They open 100 per year with 1,100 total. Same-store sales growth is 7-8% yearly. They just announced the new Kylie line and the stock jumped. Well-managed with lots of room to grow. They're aiming for 2,000 stores yet their online hasn't suffered. Consumer Products 0 0 0 0 0 0 comments Don Lato President, Padlock Investment M... Price $315.440 Owned Yes

PAST TOP PICK	Ulta Salon Cosmetics and Fragrance Inc.(ULTA-Q) August 23, 2018 (A Top Pick April 20/18 - Up 2%.) Business has been good. Late last year it picked. Growth has slowed but still looking at mid-teens next year. He would still be buying here. Consumer Products 0 0 0 0 0 0 comments	(A Top Pick April 20/18 - Up 2%.) Business has been good. Late last year it picked. Growth has slowed but still looking at mid-teens next year. He would still be buying here. Consumer Products 0 0 0 0 0 0 comments Don Lato President, Padlock Investment M... Price $239.400 Owned Yes
TOP PICK	Ulta Salon Cosmetics and Fragrance Inc.(ULTA-Q) April 20, 2018 A great combination of new store openings and same-store sales increase. They own 1000 stores and plan to open another 100 this year. Multiples came down with fears that Amazon was going to enter the cosmetic space, making it very reasonably priced now. Yield 0%. (Analysts’ price target is $246.95 ) Consumer Products 0 0 0 0 0 0 comments	A great combination of new store openings and same-store sales increase. They own 1000 stores and plan to open another 100 this year. Multiples came down with fears that Amazon was going to enter the cosmetic space, making it very reasonably priced now. Yield 0%. (Analysts’ price target is $246.95 ) Consumer Products 0 0 0 0 0 0 comments Don Lato President, Padlock Investment M... Price $235.050 Owned Yes
PAST TOP PICK	Ulta Salon Cosmetics and Fragrance Inc.(ULTA-Q) January 17, 2018 (A Top Pick Jan 26/17. Down 13%.) Got stopped out, but had made money on it. It had looked like something that could not be Amazonized, but he was wrong. It started to fall apart in the summer. Consumer Products 0 0 0 0 0 0 comments	(A Top Pick Jan 26/17. Down 13%.) Got stopped out, but had made money on it. It had looked like something that could not be Amazonized, but he was wrong. It started to fall apart in the summer. Consumer Products 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $238.690 Owned No
TOP PICK	Ulta Salon Cosmetics and Fragrance Inc.(ULTA-Q) November 6, 2017 They have their own line of beauty products. They also have solon services within the store so they are creating an experience to attract the buyer into the store. It is a unique play within the consumer space. (Analysts’ target: $253.50). Consumer Products 0 0 0 0 0 0 comments	They have their own line of beauty products. They also have solon services within the store so they are creating an experience to attract the buyer into the store. It is a unique play within the consumer space. (Analysts’ target: $253.50). Consumer Products 0 0 0 0 0 0 comments Erin Gibbs V.P., S&P Global Market In... Price $201.330 Owned Yes
TOP PICK	Ulta Salon Cosmetics and Fragrance Inc.(ULTA-Q) January 26, 2017 A low-volume name that is doing things that are considered to be a little bit Amazon proof. The stores are not in big malls, but are off in the power centres on the sides. They have been growing ad hoc, but now are starting to get logistics in place, merchandising technology, loyalty programs, mobility, Internet and it is all coming together. It still has lots of legs left. (Analysts’ price target is $301.06.) Consumer Products 0 0 0 0 0 0 comments	A low-volume name that is doing things that are considered to be a little bit Amazon proof. The stores are not in big malls, but are off in the power centres on the sides. They have been growing ad hoc, but now are starting to get logistics in place, merchandising technology, loyalty programs, mobility, Internet and it is all coming together. It still has lots of legs left. (Analysts’ price target is $301.06.) Consumer Products 0 0 0 0 0 0 comments Mike S. Newton, Director &, Scotia Wealth Manage... Price $255.750 Owned Yes
COMMENT	Ulta Salon Cosmetics and Fragrance Inc.(ULTA-Q) March 2, 2016 Very good management. Likes the segment and its growth profile. It can have a little torque, so you might want to use trailing stops. When it comes off, it can come off pretty hard. Consumer Products 0 0 0 0 0 0 comments	Very good management. Likes the segment and its growth profile. It can have a little torque, so you might want to use trailing stops. When it comes off, it can come off pretty hard. Consumer Products 0 0 0 0 0 0 comments Cameron Hurst Chief Inve, Equium Capital Manag... Price $168.320 Owned Unknown