While Ulta will undoubtedly face near-term pressure from anti-cosmetic mask-wearing and social distancing measures, the company is well-equipped with a strong business model … Ulta Beauty, Inc. (NASDAQ: ULTA) today provided a business update in advance of the Company’s participation at the J.P. Morgan Retail Round-Up Virtual Conference. Net sales increased 16.6% without the extra week of 2017, and the company opened 80 new stores. A full transcript follows the video. “Our third quarter results clearly demonstrate the strength and distinct advantages of the Ulta Beauty business model,” said Mary Dillon, CEO. Ulta Beauty is the largest beauty retailer in the United States and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. Key aspects of our business include: Deepen Ulta Beauty love and loyalty: We believe we can expand Ulta Beauty’s reach, relevancy, and engagement with our guests by evolving the value proposition of our Ultamate Rewards program, building strategic partnerships that create incremental value for our guests, and using our customer data to deliver personalized member experiences. Ulta Beauty Provides COVID-19-Related Business Update Business Wire BOLINGBROOK, Ill. -- April 2, 2020 Ulta Beauty, Inc. (NASDAQ: ULTA) today provided a business update in … But with its pretty packaging, in-store testers and high-profile product launches, prestige beauty is an easy sell. We provide unmatched product breadth, value and convenience in a distinctive specialty retail environment. 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.

Ulta’s next task: Remake its mass-market inventory in beauty’s higher-end image. This video was recorded on April 17, 2018. The Ulta team meets regularly with its partner brands to collaboratively discuss ways to improve business on both side. Vincent Shen and senior Motley Fool contributor begin their answer with background on Ulta's business model. Ulta Beauty's results were above expectations.