Ulta Beauty, Inc. (ULTA) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everyone. My name is Layla, and I will be your conference operator today. At this time, I would like to welcome you to Ulta Beauty's third quarter 2025 earnings call. This conference is being recorded, and all lines have been placed on mute to prevent any background noise. After the speaker's prepared remarks, there will be a question and answer session. At this time, I would like to turn the call over to Ms. Kylie Rollins, Senior Vice President, Investor Relations. Ms. Rollins, please proceed. Thank you, Layla. Good afternoon, everyone, and thank you for joining us for a discussion of Ulta Beauty's results for the third quarter of fiscal 2025. Hosting our call today are Keisha Steelman, President and Chief Executive Officer, and Chris Lealios, Interim Chief Financial Officer. As a reminder, today's earnings release and the comments made by management during this call include forward-looking statements. These statements are subject to risks and uncertainties that could cause our actual results to differ materially from our expectations and projections. These risks and uncertainties include, but are not limited to, factors identified in the earnings release and in our most recent 10-Ks and 10-Q filings. The company undertakes no obligation to revise any forward-looking statements. And as always, the IR team will be available for any follow-up questions after the call. Now I'll turn the call over to Keisha. Keisha? Thank you, Kylie, and good afternoon, everyone. The Alta Beauty team delivered another quarter that exceeded our expectations. For the third quarter, net sales increased 12.9% to $2.9 billion. Operating profit was 10.8% of sales, and diluted EPS was $5.14 per share. These results highlight the expanding relevance of the Ulta Beauty brand for ...