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Here’s What Drove Ulta Beauty’s Fiscal Q1 Sales Growth

Here’s What Drove Ulta Beauty’s Fiscal Q1 Sales Growth

Specialty retailer Ulta Beauty (ULTA) generated sales of $1.54 billion in its fiscal first quarter of 2018, which ended on May 5. The growth rate was slower than the 22.6% growth rate in the fiscal fourth quarter and 22.5% growth in the fiscal first quarter of 2017. Ulta Beauty’s sales include net sales from retail stores and e-commerce sales as well as salon services and other revenue.