Ulta Beauty Inc
- Ulta Beauty Inc. traded down 1.0% to $466.76 despite the cosmetics retailer reporting higher revenue in the first quarter of 2025.
Net sales jumped to $2.8 billion from $2.7 billion, net income fell to $305.1 million from $313.1 million, and diluted earnings per share rose to $6.70 from $6.47 a year ago.
Comparable sales, which include sales from stores open for at least 14 months and e-commerce transactions, rose 2.9%, driven by a 2.3% rise in average ticket and a 0.6% increase in transaction volume.
The company anticipates net sales for the year to range between $11.5 billion and $11.7 billion, compared to $11.3 billion a year ago, with comparable sales growth estimated between flat and 1.5%.
During the first quarter, the beauty product retailer opened six stores, remodeled four stores, and relocated two stores.
The company plans to open 60 new stores in fiscal 2025, along with 40 to 45 store remodeling and relocation projects.
The stock has gained 15.1% in the past three months compared with the industry’s growth of 2.9%.
Jun 2, 2025 - Ulta Beauty Inc. surged 6.5% to $335.0 after the cosmetics store retailer reported increased comparable sales in the fourth quarter of 2024.
Net sales dropped 1.9% to $3.49 billion from $3.55 billion, net income edged down to $393.27 million from $394.37 million, and diluted earnings per share rose to $8.46 from $8.08 a year ago.
Comparable sales jumped 1.5% in the quarter and were up 0.7% in the full year.
The company opened nine new stores, remodeled five stores, and closed one store during the quarter.
During the year, the company opened 66 new stores, relocated two stores, remodeled 41 stores, and closed six stores.
Ulta Beauty repurchased 620,053 shares for $249.5 million in the quarter and 2.5 million shares for $1.0 billion during the year.
After the repurchases, the company has $2.7 billion remaining available under the $3.0 billion authorization announced in October 2024.
The cosmetics retailer guided for fiscal 2025 net sales to be between $11.5 billion and $11.6 billion, up from $11.29 billion a year ago, and diluted earnings per share between $22.50 and $22.90, down from $25.34 in 2024.
The company plans to open approximately 60 new stores in 2025.
Mar 14, 2025 - Ulta Beauty Inc. surged 9.3% to $429.0 after the cosmetic retailer reported better-than-expected results in the fiscal third quarter.
Revenue increased to $2.53 billion from $2.49 billion, net income dropped to $242.2 million from $249.5 million, and diluted earnings per share rose to $5.14 from $5.07 a year earlier.
Comparable same-store sales growth slowed to 0.6% from 4.5% in the quarter a year ago.
During the third quarter of fiscal 2024, the retailer repurchased 731,458 shares of its common stock at a cost of $267 million.
During the first nine months of fiscal year 2024, the company repurchased 1.9 million shares of its common stock at a cost of $764.5 million.
As of November 2, $2.9 billion remained available under the $3 billion share repurchase program announced in October 2024.
Dec 6, 2024 - Ulta Beauty dropped 7.6% to $522.0 after the cosmetic retailer estimated a lower-than-expected full-year sales outlook.
Net sales in the fourth quarter ending on February 3 increased 10.2% to $3.6 billion from $3.2 billion, net income advanced to $394.4 million from $340.7 million, and diluted earnings per share rose to $8.08 from $6.68 a year ago.
The fourth quarter included one extra week compared to a year ago because of the calendar shift.
Calendar-adjusted comparable store sales in the quarter slowed sharply to 2.5% from 15.6% in the period a year ago.
During the fourth quarter, the retailer repurchased 352,005 shares of its common stock at a cost of $159.5 million, and in fiscal 2023, the company repurchased 2.2 million shares of its common stock at a cost of $1.0 billion.
As of February 3, 2024, $99.9 million remained available under the $2 billion share repurchase program announced in March 2022.
On March 12, 2024, the company’s board of directors approved a new share repurchase authorization of $2 billion, replacing the current program in place since March 2022.
The company estimated fiscal 2024 sales to range between $11.7 billion and $11.8 billion, an annual increase between 4% and 5%.
The retailer estimated diluted earnings per share in the fiscal year 2024 to fall between $26.20 and $27.0, based on opening net new stores between 60 and 65 and operating margins between 14.0% and 14.3%.
Mar 15, 2024 - Ulta Beauty soared 11.4% to $474.48 after the company reported strong third-quarter results and tightened its full-year revenue outlook.
Revenue in the third quarter ending in October increased to $2.5 billion from $2.3 billion, comparable store sales growth plunged to 4.5% from 14.6%, and the company opened a net of 12 new stores compared to 18 a year ago.
Net income decreased to $249.5 million from $274.5 million, and diluted earnings per share fell to $5.07 from $5.34 a year ago.
The company estimated a full-year revenue range between $11.10 billion and $11.15 billion, up from the previous estimate between $11.05 billion and $11.15 billion.
The company reiterated its net new store opening estimate between 25 and 30, and its diluted earnings per share estimate was revised to a new range between $25.20 and $25.60 from the previous estimate between $25.10 and $25.60.
Comparable sales are estimated to fall between 5.0% and 5.5% from the previous estimate between 4.5% and 5.5%.
Dec 1, 2023
| Year | May | Aug | Nov | Feb | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 6.67 | 6.88 | 6.02 | 5.07 | - | |
| 2022 | 5.38 | 6.3 | 5.7 | 5.34 | 24.01 | |
| 2021 | 3.04 | 4.1 | 4.56 | 3.94 | 17.98 | |
| 2020 | 3.88 | -1.39 | 0.14 | 1.32 | 3.11 | |
| 2019 | 3.6 | 3.26 | 2.76 | 2.25 | 12.15 | |
| 2018 | 3.38 | 2.7 | 2.46 | 2.18 | 10.94 | |
| 2017 | 2.24 | 1.91 | 1.83 | 1.70 | 7.68 | |
| 2016 | 1.69 | 1.45 | 1.43 | 1.40 | 5.97 | |
| 2015 | 1.35 | 1.04 | 1.15 | 1.11 | 4.65 | |
| 2014 | 0.77 | 0.94 | 0.91 | 1.10 | 3.15 | |
| 2013 | 0.65 | 0.70 | 0.70 | 1.01 | 2.68 | |
| 2012 | 0.54 | 0.54 | 0.59 | 0.73 | 1.9 | |
| 2011 | 0.37 | 0.38 | 0.42 | 0.48 | 1.16 | |
| 2010 | 0.23 | 0.22 | 0.23 | 0.34 | 0.66 | |
| 2009 | 0.08 | 0.10 | 0.14 | 0.21 | 0.43 | |
| 2008 | 0.07 | 0.06 | 0.09 | 0.56 | 0.48 | |
| 2007 | 0.10 | -0.23 | 0.05 | 0.00 | 0.45 | |
| 2006 | - | - | 0.00 | - | 0.33 |