LUSH cosmetics is on track to break its own record in its fifth quarter, with revenue of $1,441 million, according to a report from CNBC.
The company’s total revenue from Ulta rose to $1.,436 million in the third quarter, from $1 million in its second quarter, according a CNBC analysis of quarterly financial data.
That means the cosmetics giant earned $1 billion in revenue on Ulta alone in the quarter.
Ulta is the biggest cosmetics seller in the U.S., accounting for about $40 billion in annual revenue.
Lush cosmetics has a $1-billion sales pipeline that includes the cosmetics and personal care brands including MAC Cosmetics, Benefit, MAC Lash and Lush.
“Lush has been a leader in the makeup category for years and is committed to driving growth in the cosmetic category, with a focus on products that deliver high-quality and affordable beauty products that consumers love,” said Bob Berninger, chief executive of Lush, in a statement.
Ulta is owned by the Lush group of companies that include beauty brand MAC Cosmics, Lush Cosmetics and LUSH Makeup.
According to the CNBC analysis, Ulta sold $1 and $2 billion in total cosmetics in the first quarter, up from $700 million and $1 respectively in the second quarter.