Other retailers may be posting soft second-quarter results and gloomy forecasts, but not Ulta Beauty. The company’s comparable sales soared 14.4%, with strong consumer demand driving double-digit gains across all its categories.
Total sales rose 16.8% to $2.3 billion, compared to $2 billion in the year-ago period.
Net income increased 17.8% to $295.7 million, compared to $250.9 million in the second quarter of last year.
Source: Media Post
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