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Another Ultra Season at Ulta

Financial success for salon, cosmetics and fragrance retailer.

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By: TOM BRANNA

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Ulta posted favorable financial results for the fourth quarter and fiscal year ended Jan. 30, 2010. For the quarter, net sales increased 16.1% to $396.4 million. Operating income jumped 60.1% to $34.3 million; net income climbed 64.6% to $20.2 million. Lyn Kirby, Ulta’s president and chief executive officer, stated: “We are very pleased with our fourth quarter performance. Our results surpassed the increased guidance we provided in January and included a 6.2% comparable store ...

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