Press release
Ulta Beauty Announces Fourth Quarter Fiscal 2024 Results
Net Sales of $3.5 Billion Compared to $3.6 Billion in the Year-Ago Quarter Comparable Sales Increased 1.5% Net Income of $393.3 Million or $8.46 Per Diluted
About this update from Ulta Beauty, Inc.
[{"type":"text","content":"\nNet Sales of $3.5 Billion Compared to $3.6 Billion in the Year-Ago Quarter\n\nComparable Sales Increased 1.5%\n\nNet Income of $393.3 Million or $8.46 Per Diluted Share\n\n BOLINGBROOK, Ill.--(BUSINESS WIRE)--\nUlta Beauty, Inc. (NASDAQ: ULTA) today announced financial results for the thirteen-week period (“fourth quarter”) and fifty-two-week period (“fiscal year”) ended February 1, 2025, compared to the comparable fourteen-week and fifty-three-week periods ended February 3, 2024, both of which contained one extra week (“53rd week”).\n\n\n\n \n\n\n\n \n\n\n\n13 Weeks Ended\n\n\n\n \n\n\n\n14 Weeks Ended\n\n\n\n \n\n\n\n \n\n\n\n52 Weeks Ended\n\n\n\n \n\n\n\n53 Weeks Ended\n\n\n\n\n\n \n\n\n\n \n\n\n\nFebruary 1,\n\n\n\n \n\n\n\nFebruary 3,\n\n\n\n \n\n\n\n \n\n\n\nFebruary 1,\n\n\n\n \n\n\n\nFebruary 3,\n\n\n\n\n\n(Dollars in millions, except per share data)\n\n\n\n\n2025\n\n\n\n \n\n\n\n2024\n\n\n\n \n\n\n\n \n\n\n\n2025\n\n\n\n \n\n\n\n2024\n\n\n\n\n\nNet sales\n\n\n\n \n\n\n\n$\n\n\n\n3,487.6\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\n11,295.7\n\n\n\n \n\n\n\n$\n\n\n\n11,207.3\n\n\n\n\n\nComparable sales (1)\n\n\n\n \n\n\n\n \n\n\n\n1.5%\n\n\n\n \n\n\n\n \n\n\n\n2.5%\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n0.7%\n\n\n\n \n\n\n\n \n\n\n\n5.7%\n\n\n\n\n\nGross profit (as a percentage of net sales)\n\n\n\n \n\n\n\n \n\n\n\n38.2%\n\n\n\n \n\n\n\n \n\n\n\n37.7%\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n38.8%\n\n\n\n \n\n\n\n \n\n\n\n39.1%\n\n\n\n\n\nSelling, general and administrative expenses\n\n\n\n \n\n\n\n$\n\n\n\n815.6\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\n2,808.6\n\n\n\n \n\n\n\n$\n\n\n\n2,694.6\n\n\n\n\n\nOperating income (as a percentage of net sales)\n\n\n\n \n\n\n\n \n\n\n\n14.8%\n\n\n\n \n\n\n\n \n\n\n\n14.5%\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n13.9%\n\n\n\n \n\n\n\n \n\n\n\n15.0%\n\n\n\n\n\nDiluted earnings per share\n\n\n\n \n\n\n\n$\n\n\n\n8.46\n\n\n\n \n\n\n\n$\n\n\n\n8.08\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n25.34\n\n\n\n \n\n\n\n$\n\n\n\n26.03\n\n\n\n\n\nNew store openings, net\n\n\n\n \n\n\n\n \n\n\n\n8\n\n\n\n \n\n\n\n \n\n\n\n11\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n60\n\n\n\n \n\n\n\n \n\n\n\n30\n\n\n\n\n__________________________\n\n\n\n(1) Comparable sales are calculated based on the comparable number of weeks from the prior year.\n\n\n\n\n“The Ulta Beauty team delivered stronge...