What is the sentiment of this news? Please choose an answer from {strong negative/moderately negative/mildly negative/neutral/mildly positive/moderately positive/strong positive}.
Text: Ulta Beauty released its first quarter (Q1) earnings for the fiscal 2022 year with sales up 21% to $2.3 billion compared to the same quarter last year. Net profits soared 44% over Q1 2021 to $331 million.
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moderately positive
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