Reading through the $TGT press release and listening to the earnings call I always check one thing. What do they have to say about beauty specifically they always mention Ulta and their partnership. And this quarter no different beauty is strong.

“Beauty is also driving revenue. Sales at Ulta Beauty at Target, mini shops inside of its stores, more than doubled compared with a year ago, she said. Sales of other beauty items rose by double digits.“

I love this partnership between the two. Every quarter I feel like it gets stronger and stronger. Ulta reports next week and the only theme I’ll be looking for this quarter is shrinkage. Has it improved? I haven’t seen if target mentioned shrinkage this quarter