Ulta net profit up 25.3% in third quarter of 2018

In the third quarter, Ulta opened 42 stores and shuttered three, ending the period with 1,163 stores

US-based specialty retailer Ulta Beauty posted a 25.3% increase in net income to $131.2m for the third quarter of fiscal 2018.

Net sales grew 16.2% to $1.56bn for the period. Comparable sales (sales for stores open at least 14 months and...

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