Ulta Beauty reported strong sales growth in the second quarter but lowered previously stated annual sales guidance to refect what company officials called “headwinds” in the U.S. cosmetics market.
First quarter sales at Ulta Beauty were up double-digits as the retailer reported a healthy balance of traffic and ticket growth. Ulta also noted that it will expand internationally, starting with Canada.
Ulta Beauty customers raised funds for charity this past Mother’s Day season through in-store and online donations totaling more than $1.1 million. All proceeds will benefit Save the Children’s Early Steps to School Success program and families impacted by natural disasters in the U.S.
Wayfair co-founders Niraj Shah and Steve Conine, Ulta Beauty CEO Mary Dillon and William Foley, chairman and CEO, Libbey, will be honored for their philanthropic endeavors by the Housewares Charity Foundation (HCF) during its annual Housewares Cares Charity Gala on Monday, March 4 during the 2019 International Home + Housewares Show in Chicago.
The July 23 issue of HOMEWORLD BUSINESS® features the 19th annual Impact Merchants special report. Housewares suppliers, representing the categories that HomeWorld covers, once again were asked to nominate buyers and merchandisers believed to have made a significant impact during the past year.
Ulta Beauty continued its growth trajectory in the fourth quarter and fiscal year 2017 reporting an increase in net sales, income and comps.