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Year of Growth at Ulta

Annual net sales rise 22.1%.

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By: TOM BRANNA

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Ulta posted favorable financial results for fourth quarter and fiscal year ended Jan. 28, 2012. Net sales increased 23.0% to $582.5 million in the fourth quarter; while comparable store sales (sales for stores open at least 14 months) increased 11.5%, according to the company. Operating income increased 49.5% to $73.2 million, while net income increased 53.8% to $46.3 million. For the fiscal year, net sales increased 22.1% to $1.8 billion. Comparable store sales (sales for stores open at l...

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