12.05.18
Ulta Beauty, Inc. posted financial results for the third quarter of fiscal 2018. The company achieved comparable sales growth, including e-commerce, of 7.8%, primarily driven by transaction growth, compared to guidance of 7% to 8% issued on Aug. 30, 2018. Retail comparable sales growth was 4.4%, including salon comparable sales growth of 3.3%. E-commerce sales grew 42.2%.
The company is updating its previously announced fiscal 2018 guidance for comparable sales. For the full year, Ulta expects to achieve comparable sales growth of approximately 7-8%, compared to previous guidance of 6-8%. For the first six months, net sales increased 16.4% to $3.0 billion.
The company is updating its previously announced fiscal 2018 guidance for comparable sales. For the full year, Ulta expects to achieve comparable sales growth of approximately 7-8%, compared to previous guidance of 6-8%. For the first six months, net sales increased 16.4% to $3.0 billion.