Company News, Financial News

Ulta Beauty’s Net Sales Reach $2 Billion in Third Quarter

Company officials attribute the success to increasing its market share and expanding its Ultamate Rewards loyalty program to nearly 36 million members.

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By: Lianna Albrizio

Associate Editor

Ulta Beauty, Inc.’s net sales for the third quarter reached $2 billion, company officials announced today.   The figure represents an increase of 28.6%, compared with the prior-year quarter earnings, which was $1.6 billion.    Company officials attribute that success to increasing its market share and expanding its Ultamate Rewards loyalty program to nearly 36 million members in 1,302 of its operating stores.    “This strong third quarter performance reflects the strength...

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