Ulta Beauty Posts Major 2021 Sales Jump

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Ulta Beauty Posts Major 2021 Sales Jump
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The CEO expects consumers to maintain self-care routines and become more resilient to COVID-19 surges.

call Thursday, chief executive officer Dave Kimbell outlined Ulta’s plans for future growth, which include an investment in New Voices, a venture capital fund set up by Richelieu Dennis.

In makeup, Ulta added No. 1 by Chanel in 250 stores and online and is “pleased with initial results,” Kimbell said. In sunscreen, Ulta launched Supergoop.

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