Company News, Financial News

Net Sales For Ulta Beauty Increase To $2.5 Billion in Q3 2023

Increased comparable sales, strong new store performance and strong growth in other revenue contributed to the positive change.

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By: Lianna Albrizio

Associate Editor

Net sales for Ulta Beauty increased 6.4% to $2.5 billion – compared to $2.3 billion the prior-year quarter – due primarily to increased comparable sales, strong new store performance and strong growth in other revenue.   The results reflect the 13-week period and the first nine months ended Oct. 28, 2023 compared to the same periods ended Oct. 29, 2022.    Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 4.5% compared to an increase of 14...

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