01.04.16
Ulta says net sales in the third quarter increased 22.1% to $910.7 million. Comparable sales—for stores open at least 14 months and e-commerce business—increased 12.8%, driven by 10.6% growth in transactions and 2.2% growth in average ticket, according to the retailer.
Salon sales increased 20.0% to $51.7 million from $43.1 million in the third quarter of fiscal 2014.
Net sales for the first nine months of the year increased 21.1% to $2.65 billion from $2.19 billion in the first nine months of fiscal 2014. E-commerce comparable sales for the nine months grew 50.2%, according to Ulta.
“Ulta Beauty’s excellent performance in the third quarter was highlighted by top line momentum driven by double-digit traffic growth, leading to above-plan earnings growth,” said Mary Dillon, CEO. “Delivering against our six strategic imperatives continues to drive our business forward. As a result of our financial performance in the third quarter and our position of strength heading into the holiday season, we are raising our guidance and now expect our 2015 full year earnings growth rate to be in the low twenties.”
During the third quarter, the company opened 45 stores, ending with a total of 860 stores. For holiday, the company boasted launches from brands like Too Faced and Urban Decay.
Salon sales increased 20.0% to $51.7 million from $43.1 million in the third quarter of fiscal 2014.
Net sales for the first nine months of the year increased 21.1% to $2.65 billion from $2.19 billion in the first nine months of fiscal 2014. E-commerce comparable sales for the nine months grew 50.2%, according to Ulta.
“Ulta Beauty’s excellent performance in the third quarter was highlighted by top line momentum driven by double-digit traffic growth, leading to above-plan earnings growth,” said Mary Dillon, CEO. “Delivering against our six strategic imperatives continues to drive our business forward. As a result of our financial performance in the third quarter and our position of strength heading into the holiday season, we are raising our guidance and now expect our 2015 full year earnings growth rate to be in the low twenties.”
During the third quarter, the company opened 45 stores, ending with a total of 860 stores. For holiday, the company boasted launches from brands like Too Faced and Urban Decay.