Hovnanian Enterprises ROCKETS 16%, Ulta SPIKES 9.5% on This Good News
Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) CEO Chuck Rubin credits increased online sales and new products as the source of increased revenue. After it beat estimates for Q1 earnings, the company’s stocks are trading higher on strong volume. Shares of Ulta Salon, Cosmetics & Fragrance, Inc. are trading 9.5% higher today.
Earnings Report: ULTA Earnings: Double-Digit Profit and Revenue Growth.
Hovnanian Enterprises, Inc. (NYSE:HOV): In April 2012, the company sold more homes than it has since spring 2006, excluding September 2007’s special promotion. According to Hovnanian CEO Ara Hovnanian, the company has made wide-based improvements over geography, price points, and buyer profiles. Shares of Hovnanian Enterprises, Inc. are trading 16.4% higher today.
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