Business

Ulta Salon stock jumps as income rises 20%

Ulta, a one-stop beauty retailer, sells premium and mass-market salon products and services.
Ulta, a one-stop beauty retailer, sells premium and mass-market salon products and services.Credit: Pat Greenhouse/Globe Staff /File 2012

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Ulta Salon Cosmetics & Fragrance reported its quarterly income rose 20 percent to $41.8 million as shoppers streamed into its stores and onto its website. Online sales jumped 70 percent. Ulta, The Wall Street Journal said, is a “lesser-known chain that is expanding ambitiously. And investors have taken notice.” The company increased square footage 22 percent last year to 576 stores and plans 125 more stores this year.

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