Press release
Ulta Beauty Announces Third Quarter Fiscal 2023 Results
Net Sales of $2.5 Billion Compared to $2.3 Billion in the Year-Ago Quarter Comparable Sales Increased 4.5% Net Income of $249.5 Million or $5.07 Per Diluted
About this update from Ulta Beauty, Inc.
[{"type":"text","content":"\nNet Sales of $2.5 Billion Compared to $2.3 Billion in the Year-Ago Quarter\n\n\nComparable Sales Increased 4.5%\n\n\nNet Income of $249.5 Million or $5.07 Per Diluted Share\n\n\n BOLINGBROOK, Ill.--(BUSINESS WIRE)--\nUlta Beauty, Inc. (NASDAQ: ULTA) today announced financial results for the thirteen-week period (“third quarter”) and thirty-nine-week period (“first nine months”) ended October 28, 2023 compared to the same periods ended October 29, 2022.\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n13 Weeks Ended\n\n\n\n\n\n\n \n\n\n\n\n\n\n39 Weeks Ended\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nOctober 28,\n\n\n\n\n\n\n \n\n\n\n\n\n\nOctober 29,\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nOctober 28,\n\n\n\n\n\n\n \n\n\n\n\n\n\nOctober 29,\n\n\n\n\n\n\n\n\n(Dollars in millions, except per share data)\n\n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n2022\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n2022\n\n\n\n\n\n\n\n\nNet sales\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n2,488.9\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n2,338.8\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n7,653.0\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n6,981.8\n\n\n\n\n\n\n\n\nComparable sales\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n4.5%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n14.6%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n7.3%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n15.6%\n\n\n\n\n\n\n\n\nGross profit (as a percentage of net sales)\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n39.9%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n41.2%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n39.7%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n40.6%\n\n\n\n\n\n\n\n\nSelling, general and administrative expenses\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n661.4\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n597.2\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,874.2\n\n\n\n\n\n\n \n\n\n\n\n\n\n$\n\n\n\n\n\n\n1,632.6\n\n\n\n\n\n\n\n\nOperating income (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\n13.1%\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n15.5%\n\n\n\n\n...