Financial

Ulta Beauty Continues Sales, Profit Gains

1 month ago   |   By WWD

Ulta Beauty continued making gains for its third fiscal quarter.
The company reported net income of $87.6 million in net income for the quarter, a 7.7 percent increase from the prior year period. Net sales were up 24.2 percent from $910 million to $1.1 billion for the quarter. Earnings per share were $1.40, up 26.1 percent from $1.11 in the prior-year quarter. Ulta opened 42 stores in the quarter, a 10 percent square-footage increase from the prior-year period.
For the quarter, retail comparable sales were up 14.3 percent, including salon comparable sales growth of 10.3 percent. Salon...
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