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Ulta Beauty Announces Record First Quarter Fiscal 2021 Results ir.ultabeauty.com/news-releases/news-release-details/2021/Ulta-Beauty-Announces-Record-First-Quarter-Fiscal 2021 - Results / default.aspx Net Sales of $ 1.9 Billion Compared to $ 1.2 Billion in the Year - Ago Quarter Comparable Sales Increased 65.9 % Net Income of $ 230.3 Million or $ 4.10 Per Diluted Share Company Raises Outlook for Fiscal Year 2021 BOLINGBROOK , III .-- ( BUSINESS WIRE ) -- Ulta Beauty , Inc. ( NASDAQ : ULTA ) today announced financial results for the first quarter ended May 1 , 2021 . ( Dollars in millions ) Net sales Comparable sales Gross profit ( as a percentage of net sales ) Selling , general and administrative expenses Operating income ( as a percentage of net sales ) Diluted earnings per share New store openings , net May 1 , 2021 $ 1,938.5 65.9 % 38.9 % $ 443.9 15.8 % $ 4.10 26 May 2 , 2020 $ 1,173.2 ( 35.3 ) % 25.9 % $ 380.9 ( 8.7 ) % $ ( 1.39 ) 10 May 4 , 2019 $ 1,743.0 7.0 % 37.0 % $ 403.1 13.6 % $ 3.26 22 " The Ulta Beauty team delivered an outstanding start to the year , with sales and earnings exceeding fiscal 2020 and fiscal 2019 first quarter levels , " said Mary Dillon , chief executive officer . " I want to thank all our associates for their continued efforts to deliver 1/16