Ulta Beauty, Inc.

NASDAQ•ULTA

CEO: Mr. David C. Kimbell

Sector: Consumer Cyclical

Industry: Specialty Retail

Listing Date: 2007-10-25

Ulta Beauty, Inc. operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications. It also offers beauty services, including hair, makeup, brow, and skin services at its stores. The company was formerly known as ULTA Salon, Cosmetics & Fragrance, Inc. and changed its name to Ulta Beauty, Inc. in January 2017. Ulta Beauty, Inc. was incorporated in 1990 and is based in Bolingbrook, Illinois.

Contact Information

1000 Remington Boulevard, Suite 120, Bolingbrook, IL, 60440, United States

630-410-4800

www.ulta.com

Market Cap

$23.76B

P/E (TTM)

20.6

28.4

Dividend Yield

52W High

$714.97

52W Low

$323.37

52W Range

53%

Rank7

7.4

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Strong • 7.4 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$3.90B+0.00%

4-Quarter Trend

EPS

$8.04+0.00%

4-Quarter Trend

FCF

$907.40M+0.00%

4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Net Sales Increased 8.8% 39-week Net Sales reached $8.49B, growing 8.8% driven by comparable sales and Space NK acquisition.

Gross Margin Expansion Noted Gross profit margin improved to 39.6% for 39 weeks, up from 39.1%, due to lower inventory shrink.

Strong Comparable Sales Growth Comparable sales grew 5.2% over 39 weeks, driven by 3.0% ticket increase and 2.2% transaction rise.

Total Assets Surge Post-Acquisition Total Assets grew 17.7% to $7.01B by November 1, 2025, reflecting Space NK acquisition impact.

Risk Factors

SG&A Expenses Rising Fast SG&A expenses increased 15.1% for 39 weeks to $2.29B, outpacing sales growth and pressuring margins.

Net Income Slightly Decreased Net Income fell to $796.8M for 39 weeks, down from $807.8M, due to higher operating costs.

Macroeconomic Spending Pressures Persistent inflation and tariffs may continue impacting consumer spending habits and profitability throughout fiscal 2025.

Space NK Integration Challenges Risk exists regarding realizing anticipated benefits and achieving synergies from the recent Space NK acquisition.

Outlook

Long-Term Growth Strategy Focus Long-term strategy targets profitable growth via growing comparable sales, expanding omnichannel, and opening new stores.

Strong Operating Cash Flow Cash provided by operating activities was $322.2M for 39 weeks, supporting liquidity and investment needs.

Share Repurchase Program Active Company repurchased $699.1M in common stock during 39 weeks, maintaining capital return focus.

Inventory Build for Holidays Working capital needs peak August through November due to necessary inventory build-up for holiday season.

Peer Comparison

Revenue (TTM)

BBY

$41.69B

+0.4%

GPC

$24.30B

+3.5%

PHM

$17.31B

-3.5%

Gross Margin (Latest Quarter)

QSR

47.5%

+13.6pp

WSM

46.9%

-0.7pp

ULTA

38.1%

+0.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
CASY	$24.45B	37.6	17.6%	33.7%
QSR	$24.26B	31.7	23.1%	68.6%
TSCO	$24.09B	22.0	44.4%	54.4%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

11.0%

Steady Growth

4Q Net Income CAGR

5.3%

Profitability Improving

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 21, 2026

EPS:$6.96

Revenue:$3.11B

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data