Company News, Financial News

Ulta Posts 15.4% Rise in Sales

Q2 brings in $1.5 billion at beauty retailer.

Ulta Beauty, Inc. posted financial results for the second quarter and 26-week period ended Aug. 4, 2018, which compares to the same periods ended July 29, 2017.   Net sales soared 15.4% to $1.5 billion. Comparable sales (sales for stores open at least 14 months and e-commerce sales) rose 6.5%; operating income increased 7.8% to $193.8 million. For the first six months,  net sales increased 16.4% to $3.0 billion. During the second quarter of fiscal 2018, the company opened 19 stores. Ulta ende...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters