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Ulta Sees Boost in Fourth Quarter and Fiscal Year 2007

Ulta Salon, Cosmetics & Fragrance, Inc. posted a rise in sales for both its fourth quarter and full year 2007.

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By: Jamie Matusow

Editor-in-Chief

Ulta Salon, Cosmetics & Fragrance, Inc. posted a rise in sales for both its fourth quarter and full year 2007. The company opened 53 new stores in 2007.

For the fourth quarter that ended Feb. 2, 2008, net sales increased 15.9% to $309.3 million. Net income rose 40.8% to $13.6 million. For the fiscal year 2007, net sales increased 20.8% to $912.1 million; while net income was $25.3 million, compared to $22.5 million in fiscal 2006.

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