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Strong Holiday at Ulta Raises Q4 Outlook

Retailer sees 24.4% rise in net sales over 7-week period.

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By: TOM BRANNA

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Ulta Beauty said total net sales for the seven-week holiday period (Nov. 13, 2011 to Dec. 31, 2011) were $386.0 million, a 24.4% increase from the prior year holiday period of $310.4 million. Comparable store sales for the 2011 holiday period increased 12.6% compared to a 9.5% increase during the same period in the prior year. Over a two year period, comparable store sales increased 22.1%. ”We delivered an excellent holiday season, with comparable store sales growth of 12.6% balanced across...

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