Ulta 'Playing Offense' Amid Speculation About Amazon Incursion
This article was originally published in The Rose Sheet
Executive Summary
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.”