Financial News

Business Booming at Ulta

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By: TOM BRANNA

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Ulta says net sales in the third quarter increased 22.1% to $910.7 million. Comparable sales—for stores open at least 14 months and e-commerce business—increased 12.8%, driven by 10.6% growth in transactions and 2.2% growth in average ticket, according to the retailer. Salon sales increased 20.0% to $51.7 million from $43.1 million in the third quarter of fiscal 2014. Net sales for the first nine months of the year increased 21.1% to $2.65 billion from $2.19 billion in the first nine month...

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