Press release
Ulta Beauty Announces Second Quarter Fiscal 2022 Results
Net Sales of $2.3 Billion Compared to $2.0 Billion in the Year-Ago Quarter Comparable Sales Increased 14.4% Net Income of $295.7 Million or $5.70 Per Diluted
About this update from Ulta Beauty, Inc.
[{"type":"text","content":"\nNet Sales of $2.3 Billion Compared to $2.0 Billion in the Year-Ago Quarter\n\nComparable Sales Increased 14.4%\n\nNet Income of $295.7 Million or $5.70 Per Diluted Share\n\nCompany Raises Outlook for Fiscal Year 2022\n\n BOLINGBROOK, Ill.--(BUSINESS WIRE)--\nUlta Beauty, Inc. (NASDAQ: ULTA) today announced financial results for the thirteen-week period (“second quarter”) and twenty-six-week period (“first six months”) ended July 30, 2022 compared to the same periods ended July 31, 2021.\n\n\n\n \n\n\n\n \n\n\n\n13 Weeks Ended\n\n\n\n \n\n\n\n \n\n\n\n26 Weeks Ended\n\n\n\n\n\n \n\n\n\n \n\n\n\nJuly 30,\n\n\n\n \n\n\n\nJuly 31,\n\n\n\n \n\n\n\nAugust 1,\n\n\n\n \n\n\n\n \n\n\n\nJuly 30,\n\n\n\n \n\n\n\nJuly 31,\n\n\n\n \n\n\n\nAugust 1,\n\n\n\n\n\n(Dollars in millions)\n\n\n\n\n2022\n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n2020\n\n\n\n \n\n\n\n \n\n\n\n2022\n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n2020\n\n\n\n\n\nNet sales\n\n\n\n \n\n\n\n$\n\n\n\n2,297.1\n\n\n\n \n\n\n\n$\n\n\n\n1,967.2\n\n\n\n \n\n\n\n$\n\n\n\n1,228.0\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n4,643.0\n\n\n\n \n\n\n\n$\n\n\n\n3,905.7\n\n\n\n \n\n\n\n$\n\n\n\n2,401.2\n\n\n\n\n\nComparable sales\n\n\n\n \n\n\n\n \n\n\n\n14.4%\n\n\n\n \n\n\n\n \n\n\n\n56.3%\n\n\n\n \n\n\n\n \n\n\n\n(26.7)%\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n16.2%\n\n\n\n \n\n\n\n \n\n\n\n60.9%\n\n\n\n \n\n\n\n \n\n\n\n(31.1)%\n\n\n\n\n\nGross profit (as a percentage of net sales)\n\n\n\n \n\n\n\n \n\n\n\n40.4%\n\n\n\n \n\n\n\n \n\n\n\n40.6%\n\n\n\n \n\n\n\n \n\n\n\n26.8%\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n40.3%\n\n\n\n \n\n\n\n \n\n\n\n39.7%\n\n\n\n \n\n\n\n \n\n\n\n26.3%\n\n\n\n\n\nSelling, general and administrative expenses\n\n\n\n \n\n\n\n$\n\n\n\n534.5\n\n\n\n \n\n\n\n$\n\n\n\n464.3\n\n\n\n \n\n\n\n$\n\n\n\n271.6\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n1,035.4\n\n\n\n \n\n\n\n$\n\n\n\n908.2\n\n\n\n \n\n\n\n$\n\n\n\n652.5\n\n\n\n\n\nOperating income (loss) (as a percentage of net sales)\n\n\n\n \n\n\n\n \n\n\n\n17.0%\n\n\n\n \n\n\n\n \n\n\n\n16.9%\n\n\n\n \n\n\n\n \n\n\n\n1.1%\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n17.9%\n\n\n\n \n\n\n\n \n\n\n\n16.3%\n\n\n\n \n\n\n\n \n\n\n\n(3.7)%\n\n\n\n\n\nDiluted earnings (loss) per share\n\n\n\n \n\n\n\n$\n\n\n\n5.70\n\n\n\n \n\n\n\n$\n\n\n\n4.56\n\n\n\n \n\n\n\n$\n\n\n\n0.14\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n12.00\n\n\n\n \n\n\n\n$\n\n\n\n8.66\n\n\n\n \n\n\n\n$\n\n\n\n(1.25)\n\n\n...