Friday, December 6, 2019

Ulta delivers another solid quarter of top-line growth

Chain Store Age
Ulta Beauty reported better-than-expected earnings for its third quarter even as its sales fell short of estimates amid ongoing weakness in a core category.

Net earnings totaled $129.7 million in the quarter ended Nov.3, compared with $131.2 million in the year-ago period.

Net sales rose 7.9% to $1.68 billion, just missing estimates.. . . more