Ulta Beauty Leads S&P 500 After Bullish Results Spark Rally

Shares of Ulta Beauty (ULTA) broke out above a buy point Friday after the cosmetics purveyor issued a bullish fiscal third-quarter report. The stock was the best S&P 500 performer Friday morning. Late Thursday, the company reported sales jumped 12.9% to $2.9 billion as same-store sales climbed 6.3% year over year. Earnings were flat at $5.14 a share but above…