Ulta Beauty net profit up 19.5% in third quarter

US-based retailer Ulta Beauty posted a 19.5% increase in net income to $104.6m in the third quarter of 2017.

Net sales rose 18.6% to $1.34bn, despite a slowdown in the growth of make-up—the retailer’s largest category—and disruption from hurricanes. Ulta...

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