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Gains Across the BoardFor Ulta Beauty

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By: TOM BRANNA

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• Ulta Beauty said third quarter sales increased 22.4% to $505.6 million. Comparable store sales (sales for stores open at least 14 months) increased 8.4%, while operating income increased 38.6% to $61.3 million. Net income increased 42.5% to $38.2 million. “Ulta drove better than expected sales growth and operating margin improvement to deliver outstanding performance in the third quarter,” said Chuck Rubin, president and chief executive officer. “We gained market share across all of our major...

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