Beauty Store Business magazine - December, 2019

Ulta Beauty

Ulta Beauty Reports Strong Q3 Results

Ulta Beauty announced their third quarterly 2017 results for the thirteen-week period and the thirty-nine week period that ended Oct. 28, which compared to the same periods that ended Oct. 29, 2016.

“Our third quarter results clearly demonstrate the strength and distinct advantages of the Ulta Beauty business model,” said Mary Dillon, CEO. “We delivered double digit comparable sales growth, in spite of a moderation in the growth rate of our largest category – makeup – and meaningful disruption from hurricanes.”

ULTA Beauty's Hair-Salon Business Keeps On Growing

Every ULTA Beauty store has a hair salon in it—and that core-service part of the nationwide beauty-retail chain's business continues to post impressive increases.

In ULTA Beauty's financial results for its third quarter of fiscal 2015 (the 13-week period that ended Oct. 31) announced Dec. 3, salon sales increased 20% to $51.7 million—compared to $43.1 million in its third quarter of fiscal 2014.

ULTA Beauty's Loyalty Program Passes 16-Million Mark

ULTA Beauty's Ultamate Rewards loyalty program now has "16.1 million active members" and "drives well over 80%" of the national beauty retailer's sales, CEO Mary Dillon told analysts during her opening remarks in the public company's second quarter 2015 earnings conference call Aug. 27.

The number of ULTA's Ultamate Rewards members is up 18% over the prior 12-month period, according to Dillon.