Press release
Ulta Beauty Announces Fourth Quarter Fiscal 2022 Results
Net Sales of $3.2 Billion Compared to $2.7 Billion in the Year-Ago Quarter Comparable Sales Increased 15.6% Net Income of $340.8 Million or $6.68 Per Diluted
About this update from Ulta Beauty, Inc.
[{"type":"text","content":"\nNet Sales of $3.2 Billion Compared to $2.7 Billion in the Year-Ago Quarter\n\nComparable Sales Increased 15.6%\n\nNet Income of $340.8 Million or $6.68 Per Diluted Share\n\n BOLINGBROOK, Ill.--(BUSINESS WIRE)--\nUlta Beauty, Inc. (NASDAQ: ULTA) today announced financial results for the thirteen-week period (“fourth quarter”) and fifty-two-week period (“fiscal year”) ended January 28, 2023 compared to the same periods ended January 29, 2022.\n\n\n\n \n\n\n\n13 Weeks Ended\n\n\n\n \n\n\n\n52 Weeks Ended\n\n\n\n\n\n \n\n\n\n \n\n\n\nJanuary 28,\n\n\n\n \n\n\n\nJanuary 29,\n\n\n\n \n\n\n\nJanuary 30,\n\n\n\n \n\n\n\n \n\n\n\nJanuary 28,\n\n\n\n \n\n\n\nJanuary 29,\n\n\n\n \n\n\n\nJanuary 30,\n\n\n\n\n\n(Dollars in millions, except per share data)\n\n\n\n \n\n\n\n2023\n\n\n\n \n\n\n\n2022\n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n \n\n\n\n2023\n\n\n\n \n\n\n\n2022\n\n\n\n \n\n\n\n2021\n\n\n\n\n\nNet sales\n\n\n\n \n\n\n\n$\n\n\n\n3,226.8\n\n\n\n \n\n\n\n$\n\n\n\n2,729.4\n\n\n\n \n\n\n\n$\n\n\n\n2,198.7\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n10,208.6\n\n\n\n \n\n\n\n$\n\n\n\n8,630.9\n\n\n\n \n\n\n\n$\n\n\n\n6,152.0\n\n\n\n\n\nComparable sales\n\n\n\n \n\n\n\n \n\n\n\n15.6%\n\n\n\n \n\n\n\n \n\n\n\n21.4%\n\n\n\n \n\n\n\n \n\n\n\n(4.8%)\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n15.6%\n\n\n\n \n\n\n\n \n\n\n\n37.9%\n\n\n\n \n\n\n\n \n\n\n\n(17.9%)\n\n\n\n\n\nGross profit (as a percentage of net sales)\n\n\n\n \n\n\n\n \n\n\n\n37.6%\n\n\n\n \n\n\n\n \n\n\n\n37.6%\n\n\n\n \n\n\n\n \n\n\n\n35.1%\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n39.6%\n\n\n\n \n\n\n\n \n\n\n\n39.0%\n\n\n\n \n\n\n\n \n\n\n\n31.7%\n\n\n\n\n\nSelling, general and administrative expenses\n\n\n\n \n\n\n\n$\n\n\n\n762.7\n\n\n\n \n\n\n\n$\n\n\n\n650.0\n\n\n\n \n\n\n\n$\n\n\n\n514.1\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n2,395.3\n\n\n\n \n\n\n\n$\n\n\n\n2,061.5\n\n\n\n \n\n\n\n$\n\n\n\n1,583.0\n\n\n\n\n\nOperating income (as a percentage of net sales)\n\n\n\n \n\n\n\n \n\n\n\n13.9%\n\n\n\n \n\n\n\n \n\n\n\n13.8%\n\n\n\n \n\n\n\n \n\n\n\n10.2%\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n16.1%\n\n\n\n \n\n\n\n \n\n\n\n15.0%\n\n\n\n \n\n\n\n \n\n\n\n3.9%\n\n\n\n\n\nDiluted earnings per share\n\n\n\n \n\n\n\n$\n\n\n\n6.68\n\n\n\n \n\n\n\n$\n\n\n\n5.41\n\n\n\n \n\n\n\n$\n\n\n\n3.03\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n24.01\n\n\n\n \n\n\n\n$\n\n\n\n17.98\n\n\n\n \n\n\n\n$\n\n\n\n3.11\n\n\n\n\n\nNew store openings, net\n...