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Net sales at the popular beauty franchise have nearly doubled compared to last year’s quarter.
August 26, 2021
By: TOM BRANNA
Editor
Sales at beauty conglomerate Ulta have soared in the most recent quarter ending July 31, 2021: One of the world’s largest beauty retailers reported net sales of almost $2 billion. The beauty giant’s earnings this year have nearly doubled from last year’s net sales, which were $1.2 billion. This quarter’s profits reflect an increase of 6.2% over its net sales in 2019, pre-Covid-19. The net income for its most recent quarter was $250 million, reflecting an increase of $8 million compared to t...
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