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Net sales increased 21.0% to $2.3 billion compared to $1.9 billion in the first quarter of fiscal 2021 driven by fewer COVID-19 restrictions.
May 27, 2022
By: Lianna Albrizio
Associate Editor
Net sales for Ulta Beauty were $2.3 billion in the first quarter ended April 30. The gains represent a record first quarter for the company, as comparable sales increased 18.0% and net sales were $1.9 billion in the year-prior quarter. “The Ulta Beauty team delivered exceptional first quarter results, with better-than-expected sales and earnings growth, supported by double-digit comparable sales growth across all major categories,” said Dave Kimbell, chief executive officer. ...
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