Press release
Ulta Beauty Announces Fourth Quarter Fiscal 2023 Results
Net Sales of $3.6 Billion Compared to $3.2 Billion in the Year-Ago Quarter Comparable Sales Increased 2.5% Net Income of $394.4 Million or $8.08 Per Diluted
About this update from Ulta Beauty, Inc.
[{"type":"text","content":"\nNet Sales of $3.6 Billion Compared to $3.2 Billion in the Year-Ago Quarter\n\n\nComparable Sales Increased 2.5%\n\n\nNet Income of $394.4 Million or $8.08 Per Diluted Share\n\n\n BOLINGBROOK, Ill.--(BUSINESS WIRE)--\nUlta Beauty, Inc. (NASDAQ: ULTA) today announced financial results for the fourteen-week period (“fourth quarter”) and fifty-three-week period (“fiscal year”) ended February 3, 2024, both of which contain one extra week (“53rd week”) versus the comparable thirteen-week and fifty-two-week periods ended January 28, 2023.\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n14 Weeks Ended\n\n\n\n\n\n\n \n\n\n\n\n\n\n13 Weeks Ended\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n53 Weeks Ended\n\n\n\n\n\n\n \n\n\n\n\n\n\n52 Weeks Ended\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nFebruary 3,\n\n\n\n\n\n\n \n\n\n\n\n\n\nJanuary 28,\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nFebruary 3,\n\n\n\n\n\n\n \n\n\n\n\n\n\nJanuary 28,\n\n\n\n\n\n\n\n\n(Dollars in millions, except per share data)\n\n\n\n\n\n\n\n2024\n\n\n\n\n\n\n \n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2024\n\n\n\n\n\n\n \n\n\n\n\n\n\n2023\n\n\n\n\n\n\n\n\nNet sales\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n3,554.3\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n3,226.8\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n11,207.3\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n10,208.6\n\n\n\n\n\n\n\n\nComparable sales (1)\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2.5%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n15.6%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n5.7%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n15.6%\n\n\n\n\n\n\n\n\nGross profit (as a percentage of net sales)\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n37.7%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n37.6%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n39.1%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n39.6%\n\n\n\n\n\n\n\n\nSelling, general and administrative expenses\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n820.4\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n762.7\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n2,694.6\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n...