Friday, August 26, 2016

Ulta beats Street — again; Q2 sales jump 30%

Ulta Beauty on Thursday posted another spectacular quarter amid surging sales. It was the ninth consecutive quarter that the beauty retailer topped expectations.

Ulta reported net income for the quarter, ended July 30, rose 21.3% to $90.0 million compared to $74.2 million in the year ago period.

Net sales increased 21.9% to $1.07 billion from $877.0 million in the year-ago quarter.. . . more

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