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Ulta 'Playing Offense' Amid Speculation About Amazon Incursion

 
• By Jamie Hammon

The retailer of "all things beauty" posted Q2 net sales growth in excess of 20% to $1.29bn. Rumors have been swirling about a possible luxury beauty play from Amazon, but Ulta management is undaunted, telling investors, “We have no blinders on, and we're playing offense.”

Indianapolis - Circa July 2016: Ulta Salon, Cosmetics & Fragrance Retail Location. Ulta Provides Beauty Products and a Salon VI

Ulta Beauty, Inc. has been booking double-digit comparable sales growth on a quarterly basis since December 2014 and remains confident that beauty enthusiasts have made their home at the specialty retailer's e-commerce site and its more than 1,000 stores across the US.

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