Press release
Ulta Beauty Shares COVID-19-Related Business Update
BOLINGBROOK, Ill.--(BUSINESS WIRE)-- Ulta Beauty, Inc. (NASDAQ: ULTA) today announced updates to its operations in response to the continued efforts to
About this update from Ulta Beauty, Inc.
[{"type":"text","content":" BOLINGBROOK, Ill.--(BUSINESS WIRE)--\nUlta Beauty, Inc. (NASDAQ: ULTA) today announced updates to its operations in response to the continued efforts to contain the COVID-19 pandemic.\n\n\nAs COVID-19 continues to spread throughout the U.S., Ulta Beauty remains committed to taking responsible actions to safeguard its associates, guests and the communities the Company serves. As a precautionary measure, the Company has decided that all Ulta Beauty stores will remain temporarily closed until it is safe to reopen. The Company will continue to consider available guidance provided by federal, state, and local government and health officials when making decisions to reopen stores. All guests can continue to shop through the Ulta Beauty app or visit ulta.com.\n\n\n“We appreciate the flexibility, collaboration and understanding our associates have displayed during this uncertain time,” said Mary Dillon, chief executive officer. “We understand the direct impact these difficult, yet important decisions have on everyone. As such, we remain committed to paying our store and salon associates through mid-April and providing benefits for those who are currently enrolled. We will continue to evaluate the impact of COVID-19 in real-time, including recent legislation such as the CARES Act, should re-openings be further delayed.” \n\n\nAssociates working in Ulta Beauty distribution centers are continuing operations to support the Company’s essential ecommerce business. In gratitude for their continued commitment, the Company is providing associates actively working at the distribution centers a $2-per-hour wage premium. To continue to protect associates in its distribution centers, the Company has elevated its already high levels of maximum sanitation and safety inclusive of social distancing and increased cleaning protocols in alignment with CDC guidelines.\n\n\n“As we vigilantly track this situation, we are preparing next steps with careful considerations and optimism for the time when we can safely bring our store and salon associates back together and invite guests back to Ulta Beauty,” continued Dillon. \n\n\nAbout Ulta Beauty\n\n\nAt Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest U.S. beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products a...