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Sales Surge at Ulta in Q2

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By: TOM BRANNA

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Ulta Beauty’s net sales increased 19.4% to $877 million in the second quarter. Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 10.1% compared to an increase of 9.6% a year ago. Retail comparable sales increased 8.9%, including salon comparable sales growth of 10.1%. Salon sales increased 19.7% to $51.6 million and e-commerce sales grew 43.4% to $36.1 million. “The Ulta Beauty team achieved outstanding results in the second quarter, with top line mome...

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