The Beauty Salon company, Ulta Beauty has reported fourth-quarter earnings that easily beat expectations that were predicted by analysts’. The beauty giant will open approximately 75 net stores this year. It also plans to complete approximately 42 store refreshes.
“The Ulta Beauty team delivered results for the fourth quarter at the high end of our expectations, and I am proud of how our teams worked together to serve our guests this holiday season, our enhanced omnichannel capabilities, combined with our merchandise exclusives, cross-category marketing events, and great execution by our store teams, enabled us to expand our market share and deliver a successful quarter.” – Mary Dillon, CEO.
