Company News, Financial News

Beauty Business Booms at Ulta in Q3

First nine months of 2017 also show gains.

Ulta Beauty, Inc. posted favorable financial results for the third quarter and first nine months ended Oct. 28, 2017. Net sales increased 18.6% to $1.3 billion in the third quarter. Operating income rose 16.5% to $162.7 million. Net income jumped 19.5% to $104.6 million. For the first nine months, net sales leaped 20.5% to $3.9 billion. Operating income increased 23.3% to $530.9 million. Net income rose 28.8% to $347.1 million. “Our third quarter results clearly demonstrate the strength...

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