Financial News

Sales Climb More Than 20% at Ulta Beauty

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By: TOM BRANNA

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Ulta Beauty, Inc. reported financial results for the fourth quarter and full year of fiscal 2017 ended Feb. 3, 2018.  For the quarter, net sales increased 22.6% to $1.9 billion while operating income rose 13.5% to $254.4 million. For the full year of fiscal 2017, net sales jumped 21.2% to $5.9 billion. Operating income increased 19.9% to $785.3 million. “The Ulta Beauty team delivered excellent results in 2017, achieving 11% comparable sales growth and 25% adjusted earnings growth...

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