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How Ulta Beauty Is Thriving

TheMotleyFool

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While some retailers are still stabilizing following the disruptions from COVID-19, Ulta Beauty (NASDAQ: ULTA) is well positioned to handle the ongoing volatility. The largest beauty retailer saw a nice improvement in comparable sales in August and believes this recovery will continue. Here is why Ulta is set up to succeed.

Image source: Ulta.com.

Like many retailers, Ulta stores were closed earlier this year due to COVID-19. The company began reopening locations during the fiscal second quarter with 90% of its fleet open at the end of June and 100% open by mid-July .

Source Fool.com

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