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International Business Times
International Business Times
Business
Panos Mourdoukoutas Ph.D.

Ulta Beauty's Big Comeback — Will It Last?

An Ulta beauty store is pictured in Huntington Beach, California. (Credit: Getty Images/Diana Haronis )

This year, the holiday season came early for Ulta Beauty's stockholders, as store traffic returned to normal, boosting the company's top and bottom lines.

Last Thursday, the salon, cosmetics and fragrance company delivered solid third-quarter financial results. Net sales were $2.5 billion, up from $2.3 billion a year ago. In addition, comparable store sales rose 4.5%, with net income reaching $249.5 million or $5.07 per diluted share.

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