The beauty giant expects to open approximately 30 new stores in fiscal 2020. The retailer temporarily paused its new store growth in the first quarter due to the pandemic, but openings are expected to resume in August 2020.
Ulta did not reveal store openings plans for fiscal 2021, saying only that it anticipates opening additional new stores in the U.S. Also, the retailer said it will make its entry to Canada in mid-2021 with a number of stores.