BOLINGBROOK, Ill. — Ulta Beauty posted a double-digit gain in third-quarter sales and net income and bolstered market share across all of its major product categories, the beauty retailer announced on Thursday.
For the quarter ended Oct. 27, net sales rose 22.4% to $505.6 million from $413.1 million in the year-ago period. Same-store sales rose 8.4%.
Net income rose 42.5% to $38.2 million for the quarter. Income per diluted share rose 40.5% to 59 cents per share compared with 42 cents per share in the year-ago period.