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Ulta Salon jumps as profit, forecast top estimates

NEW YORK (MarketWatch) -- Ulta Salon, Cosmetics & Fragrance Inc. shares surged 11% in pre-market trading after its second-quarter profit more than doubled, topping Wall Street expectations. Comparable sales rose 10.8%. The company said it began the third quarter with "very strong momentum" and forecast third-quarter adjusted profit of 20 cents to 22 cents a share, also topping analysts ...

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Source: Market Watch

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