In it’s just released Q1 earnings report, Ulta Beauty has surpassed estimates from Wall Street.
Interestingly, Ulta has seen significant growth in both its online and in-store sales. While its e-commerce sales soared up 70.0 percent from $61 million in 2016 up to $104.3 million this year, its overall net income rose 39.4 percent up to $128.2 million.