The Importance of Exfoliation in Beauty

Melissa, thank you very much. I can't think of another stock that I've heard in more people's sort of by less portfolios than Ulta. That was not me. You didn't even realize it because I'm a big exfoliation. No, let's talk about the stock. Jeff is right. It trades at 20 and a half times next year's numbers despite the fact that the stock has been on a huge run.