Ulta Beauty beats Wall Street's earnings expectations, despite fears of slowing demand

Beauty products on the shelves at Ulta on State Street in Chicago on Feb. 4, 2015.Ulta Beauty on Thursday beat Wall Street's fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare.The retailer hiked its full-year outlook slightly to reflect the better-than-expected results. For the fiscal year, it said it now expects net sales to range from $11.1 billion to $11.2 billion, compared with its previous guidance for $11 billion to $11.2 billion.It s ...