Insight into Ulta Beauty’s Sales Growth in Fiscal 4Q17
Ulta Beauty’s (ULTA) sales of ~$1.9 billion in fiscal 4Q17 were almost in line with the analysts’ consensus sales estimate. Ulta Beauty’s (ULTA) sales growth in fiscal 4Q17 was driven by higher same-store growth, new store productivity, and the benefit of the additional week in the quarter. Ulta Beauty experienced strong performance in its prestige boutique brands such as MAC, Clinique, Lancome, and Benefit.