Welcome to our dedicated page for Ulta Beauty news (Ticker: ULTA), a resource for investors and traders seeking the latest updates and insights on Ulta Beauty stock.
Ulta Beauty, Inc. (NASDAQ: ULTA) is widely described by the company as the largest specialty beauty retailer in the U.S., with a business built around cosmetics, fragrance, skincare, haircare, wellness and salon services. News about Ulta Beauty frequently centers on its financial performance, strategic initiatives and expansion of its "All Things Beauty. All in One Place®" model across stores and digital channels.
Investors following ULTA news can expect regular earnings announcements, where the company reports net sales, comparable sales, gross profit, operating income and earnings per share for each fiscal quarter. These releases often discuss factors such as increased comparable sales, new store openings, acquisitions like Space NK, and share repurchase activity, as well as updated fiscal outlooks and commentary from management on consumer trends and the Ulta Beauty Unleashed strategy.
Company news also covers strategic moves in digital and international growth. Examples include the launch of UB Marketplace, a curated third-party platform on Ulta.com and the Ulta Beauty app powered by Mirakl, and milestones in Ulta Beauty’s international expansion through a joint venture in Mexico, a franchise in the Middle East and its subsidiary Space NK in the U.K. and Ireland. Press releases highlight store openings in new markets, partnerships with local operators and the extension of Ulta Beauty’s retail experience to new regions.
Corporate governance and leadership updates are another recurring news theme. Ulta Beauty has announced Board appointments, such as adding independent directors with global retail and digital expertise, and finance leadership changes, including the appointment of a new Chief Financial Officer. Other notable items include updates on partnerships, such as the planned conclusion of the Ulta Beauty at Target shop-in-shop arrangement, and announcements related to programs like the MUSE Accelerator, which supports underrepresented beauty founders. For investors and observers, the ULTA news feed offers an ongoing view into how the company manages growth, strategy, risk and capital allocation.
Ulta Beauty (NASDAQ: ULTA) will release its second-quarter financial results for the period ended July 31, 2021, on August 25, 2021, after market close. A conference call, hosted by CEO Dave Kimbell and CFO Scott Settersten, will follow at 4:30 p.m. ET. Interested participants can dial (877) 705-6003 or access the live audio webcast at www.ulta.com. The call replay will be available until September 8, 2021. Ulta Beauty is the largest beauty retailer in the U.S., operating over 1,250 stores and an online platform offering a comprehensive beauty shopping experience.
Target Corporation (NYSE: TGT) and Ulta Beauty (NASDAQ: ULTA) are set to launch Ulta Beauty at Target, rolling out in over 100 Target stores nationwide and online this August. This initiative features more than 50 curated prestige brands, aiming to enhance the beauty shopping experience. The partnership plans to expand to 800 locations in the coming years, combining Ulta’s beauty expertise with Target's retail reach. The immersive shopping experience includes trained beauty experts and online access with benefits from both companies’ loyalty programs.
Ulta Beauty (NASDAQ: ULTA) will participate in a Fireside Chat at the Jefferies Virtual Consumer Conference on June 23, 2021, at 11:30 a.m. ET. The chat will feature CFO Scott Settersten, COO Kecia Steelman, and CMO Shelley Haus, and will be webcast live. Ulta is the largest beauty retailer in the U.S., operating over 1,250 stores nationwide, while also providing products through their website. The company has been recognized for its commitment to gender equality by being added to the Bloomberg Gender Equality Index.
Ulta Beauty reported strong earnings for Q1 of fiscal 2021, with net sales climbing 65.2% to $1.9 billion, significantly outpacing Q1 of fiscal 2020. Comparable sales surged 65.9%, driven by an increase in transactions and average ticket size. Gross profit rose to $753.8 million with a margin of 38.9%. The company achieved diluted EPS of $4.10, compared to a loss of $1.39 in the prior year. Ulta updated its fiscal 2021 outlook, raising expected net sales to $7.7-$7.8 billion and comparable sales to 23%-25%.
Ulta Beauty, Inc. (NASDAQ: ULTA) announced plans to release its financial results for Q1 ending May 1, 2021, on May 27, 2021, after the market closes. A conference call will be held the same day at 4:30 p.m. ET, led by CEO Mary Dillon, President Dave Kimbell, and CFO Scott Settersten. Interested parties can join by calling (877) 705-6003 or via a live webcast at ir.ultabeauty.com. A replay will be available for 90 days. Ulta is the largest beauty retailer in the U.S., operating over 1,250 stores nationwide.
Ulta Beauty (NASDAQ: ULTA) will present at the J.P. Morgan 7th Annual Retail Round-Up Virtual Conference on April 14, 2021, at 8:50 a.m. ET. Executives including President Dave Kimbell, CFO Scott Settersten, and COO Kecia Steelman will lead the session. The presentation will be available via live webcast at ir.ultabeauty.com. Ulta Beauty is recognized as the largest U.S. beauty retailer and has been added to the Bloomberg Gender Equality Index, reflecting its commitment to gender equality and corporate responsibility.
Ulta Beauty reported its financial results for Q4 and FY 2020, revealing a 16.8% decline in net sales to $6.2 billion compared to FY 2019, largely due to COVID-19 impacts. Q4 net sales were down 4.6% at $2.2 billion, with a 12.2% drop in transactions. Operating income decreased to $224.3 million, with a diluted EPS of $3.03. The company experienced $188 million in COVID-related costs but plans to open 40 new stores in FY 2021 and anticipates revenues of $7.2-$7.3 billion.
Ulta Beauty announces leadership changes effective June 2021, with Dave Kimbell replacing Mary Dillon as CEO and Kecia Steelman promoted to COO. Dillon transitions to executive chair, having tripled market cap to over $18 billion and delivered a 245% total shareholder return in her eight-year tenure. Kimbell, previously president, emphasizes continuity and growth. The board expresses gratitude for Dillon's leadership and confidence in Kimbell for future success. Additionally, Robert DiRomualdo retires as chair, with Lorna Nagler becoming Lead Independent Director.
Ulta Beauty (NASDAQ: ULTA) will host a conference call on March 11, 2021, at 5:00 PM ET to discuss its fourth quarter 2020 results. A press release detailing these results will be issued after the market closes that day. The call will feature CEO Mary Dillon and CFO Scott Settersten, with participation available via phone and webcast. The call replay will be available until March 25, 2021. Ulta Beauty is the largest U.S. beauty retailer with over 1,260 stores nationwide, offering a wide range of beauty products and salon services.
Ulta Beauty (NASDAQ: ULTA) reported a 7.8% decrease in net sales to $1.6 billion for the third quarter of fiscal 2020, attributed to the ongoing COVID-19 impact. Net income fell 42.4% to $74.8 million, with diluted earnings per share down to $1.32. The first nine months saw a 22.4% decline in net sales to $4.0 billion and net income of $4.3 million. The company incurred $160 million in COVID-related costs and reported impairment and restructuring charges of $83.9 million. Despite challenges, Ulta anticipates a 12% to 14% decline in comparable store sales for Q4, while maintaining plans for 30 new stores in fiscal 2021.