This is a key point that investors seem to have forgotten, which is why this is such a good opportunity. With roughly 1,400 locations, Ulta Beauty (ULTA -1.31%) is one of the largest cosmetics retailers in the world. This year, management expects the company to generate net sales of at least $11.5 billion, which is enormous. In addition to selling products that are widely available, Ulta Beauty sells exclusive products that can only be purchased at its stores. And beyond selling cosmetic products, it also o ...