For the quarter, net sales increased 22.6% to $1.9 billion while operating income rose 13.5% to $254.4 million.
For the full year of fiscal 2017, net sales jumped 21.2% to $5.9 billion. Operating income increased 19.9% to $785.3 million.
“The Ulta Beauty team delivered excellent results in 2017, achieving 11% comparable sales growth and 25% adjusted earnings growth,” said Ulta’s chief executive officer Mary Dillon.
The beauty retailer is implementing a cost optimization program to deliver benefits in the areas of indirect procurement, end-to-end operational efficiency, real estate costs, and merchandise margin improvement.
“Looking ahead to 2018, we are deploying a portion of the tax reform benefits to invest in our people and accelerate investments to drive growth and innovation,” said Dillon.