11.02.16
For the second quarter, Ulta Beauty’s net sales increased 21.9% to $1.0 billion. Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 14.4%.
In Q2, retail comparable sales increased 12.6%, including salon comparable sales growth of 8.0%. Salon sales increased 14.3% to $59.0 million. E-commerce sales grew 54.9% to $55.9 million.
Net sales for the six months increased 22.8% to $2.1 billion. Comparable sales increased 14.8%. Retail comparable sales increased 13.3%, including salon comparable sales growth of 7.9%. E-commerce comparable sales in the first half grew 46.0%, the company said.
“The Ulta Beauty team achieved another quarter of excellent top and bottom line performance, while making significant progress on many elements of our growth strategy,” said CEO Mary Dillon. She added, “Our second quarter results reflect a strong pipeline of newness and innovation in merchandising, progress in growing our brand awareness, major milestones related to our loyalty program, continued rapid growth in our e-commerce business, and successful execution of our supply chain investments.”
During the second quarter, the company opened 24 stores, ending with 907 stores, representing an 11% increase in space compared to the second quarter of fiscal 2015.
In Q2, retail comparable sales increased 12.6%, including salon comparable sales growth of 8.0%. Salon sales increased 14.3% to $59.0 million. E-commerce sales grew 54.9% to $55.9 million.
Net sales for the six months increased 22.8% to $2.1 billion. Comparable sales increased 14.8%. Retail comparable sales increased 13.3%, including salon comparable sales growth of 7.9%. E-commerce comparable sales in the first half grew 46.0%, the company said.
“The Ulta Beauty team achieved another quarter of excellent top and bottom line performance, while making significant progress on many elements of our growth strategy,” said CEO Mary Dillon. She added, “Our second quarter results reflect a strong pipeline of newness and innovation in merchandising, progress in growing our brand awareness, major milestones related to our loyalty program, continued rapid growth in our e-commerce business, and successful execution of our supply chain investments.”
During the second quarter, the company opened 24 stores, ending with 907 stores, representing an 11% increase in space compared to the second quarter of fiscal 2015.