Business Soars at Ulta

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By: TOM BRANNA

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Ulta Beauty, Inc. posted financial results for the third quarter of fiscal 2018. The company achieved comparable sales growth, including e-commerce, of 7.8%, primarily driven by transaction growth, compared to guidance of 7% to 8% issued on Aug. 30, 2018. Retail comparable sales growth was 4.4%, including salon comparable sales growth of 3.3%. E-commerce sales grew 42.2%. The company is updating its previously announced fiscal 2018 guidance for comparable sales. For the full year, Ulta expects ...

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