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Prestige Beauty Sales Up at Ulta

Ulta Salon, Cosmetics & Fragrance, Inc. announced favorable financial results for its third quarter.

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By: TOM BRANNA

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Ulta Salon, Cosmetics & Fragrance, Inc. announced financial results for its third quarter. Net sales increased 25.4% to $208.2 million; operating income increased 13.2% to $8 million, while net income rose 16.3% to $4.2 million. According to the company, a 6.7% comparable sales increase and 49 new stores that opened since the third quarter last year drove the boost in net sales. The comparable store sales increase reflected solid gains in customer traffic and the continued strength of th...

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