I don't know If Obama is throwing ulta some inside info since they are both from the same state. Maybe trump could look into this one, but I do find it very balsy for ulta to want to open 125 more stores next year not knowing if the fiscal cliff can be solved which is obviously another scam manufactured by Wall Street and Washington to divert attention from the ongoing four year depression we are in which the leftist media refuses to be truthful on. I truly have never seen our country be more corrupt than what we have experienced these past four years. Millions haven't paid their mortgages in 4 years and yet they say we have a housing recovery. There are record people on food stamps yet retailers like ulta have stratospheric share prices, which is obviously manipulated by Cramer, chuck and hedge funds like pine capital. What CEO would be so aggressive given the fiscal situation without inside information? There is tons of competition and I called Macy's investor relations and did not seem worried about ulta and didn't admit to losing market share so I would like to know where chucky keeps on taking market share from. Ulta doesn't offer better prices than anyone else and most of their openings are in malls where other retailers have failed and closed shop either due to a horrible economy or just bad real estate location. So his real estate team is not as impressive as he prides them to be. So to sum up, my final answer is ulta is an overpriced manipulated company.
ngpharm1 - you have been bashing ULTA since January 2012 from messages on this board - so far you have missed a $45+ move up since January. Your views and opinions about this stock are not reality. The economy hasnt changed much since January however ULTA sales still keep increasing and profit keeps rising so you are wrong about your views. What is it going to take for you to see that you are wrong concerning this stock? Maybe nothing since you are stubborn and unwilling to see that ULTA is a GREAT GROWTH STOCK. Maybe you feel the same about Starbucks and Green Mountain coffee but they also continue to grow. It's hard to argue with people who don't want to listen to any alternative views. So I will continue to MAKE MONEY off of ULTA while you sit there and complain about the economy, ulta and all your points that are incorrect and keep proving you wrong. Maybe you just like to lose money, I dont.
Go and drive by an ulta and then come back and talk. I repeat, this company is nothing special has intense intense competition and is not worth anywhere near 6.3 billion dollars. Do you know what 6.3 billion dollars is and how difficult it is to make it? Trust me ulta is not worth 6.3 billion not even with 1000 stores let alone 500.