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Comparable sales increased 9.3%.
May 26, 2023
By: Lianna Albrizio
Associate Editor
Net sales for Ulta Beauty, Inc. were $2.6 billion in Q1 2023, compared with the prior-year quarter, which was $2.3 billion. Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 9.3%. The results reflect the 13-week period ended April 29, 2023. “The year is off to a positive start as the Ulta Beauty team delivered revenue, operating margin, and diluted EPS consistent with our internal expectations,” said CEO Dave Kimbell. “Store traffic ...
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