By  on September 4, 2009

Ulta Salon, Cosmetics & Fragrance Inc. posted robust second-quarter earnings growth of 55.9 percent, as the hybrid beauty retailer continued to opened more doors.

Net income for the quarter ended Aug. 1 surged to $5.8 million, or 10 cents a diluted share, compared with $3.7 million, or 6 cents a share, in the prior-year period. Quarterly net sales gained 9.8 percent to $273.5 million, while comparable-store sales dipped 1.7 percent, compared with an increase of 3.7 percent in the year-ago period.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus