In the report, it was noted that consumers are shopping more online as e-commerce sales soared 48% to $154.4 million. Salon sales increased 10.1% to $75.7 million, noted Ulta Beauty.
While ecommerce is growing, brick and mortar is also on the rise at Ulta. The company recently opened 34 new locations.
Ulta opened its first door in 1990.