Ulta Beauty’s 2011 sales soared 22% to $1.77 billion. Net income increased 69% to $120 million. “As we look forward into 2012 and beyond, we are focused on building upon our successful strategies and determining priorities for the strong cash position we have developed,” explained Chuck Rubin, president and chief executive. “Given the attractive returns from our new store program, we are further accelerating our square footage growth in 2012 to approximately 22%, or 100 new locations.&#...