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Ulta Reports Holiday Sales

November 30, -0001

During the seven-week holiday period, total net sales of Ulta Salon, Cosmetics & Fragrance Inc. were $221.9 million, a 10% increase over the holiday in 2007. Comparable store sales for the holiday period decreased 5.8%, as compared to a 4.6% increase during the same period in the prior year.

Looking ahead to the fourth quarter, the company reduced its sales guidance to the range of $339-$343 million, compared to previous guidance of $354-$368 million.

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