Ulta Beauty profit up 3.1% in fourth quarter of fiscal 2018

Ulta said it plans to open around 80 new stores in fiscal 2019

Ulta Beauty posted a 3.1% increase in profit to $214.7m in the fourth quarter of fiscal 2018.

Net sales grew by 9.7% to $2.12bn. Excluding sales for the 53rd week of fiscal 2017, sales increased 16.2%.

Comparable sales (sales for...

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