By  on March 9, 2017
Ariana Grande poses with bottles of Sweet Like Candy at Ulta Beauty.

Ulta Beauty reported jumps in sales and earnings on Thursday, plus the addition of MAC Cosmetics to its assortment.

For the fourth quarter, net sales gained 24.6 percent to $1.58 billion, from $1.27 billion in the prior-year period. Net income was up 30 percent, to $140.2 million compared to $107.8 million year-over-year. Diluted earnings per share was $2.24, compared with $1.69 in the prior-year period. Retail comparable sales were up 12.8 percent, salon sales were up 15.2 percent to $62.9 million and e-commerce sales gained 63.4 percent to $154.9 million.

To access this article, click here to subscribe or to log in.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus