Shares in Ulta Salon Cosmetics & Fragrance Inc. jumped more than 10 percent, to $46.47, in early afternoon trading Friday on the New York Stock Exchange.
Late Thursday, the company reported that its fiscal fourth-quarter profit rose 49 percent and core results topped its upbeat expectations amid continued strength in same-store sales.
The company also forecast current-quarter earnings that beat the average estimate of analysts polled by Thomson Reuters
