Ulta Beauty Stock Price, News & Analysis

Ulta Beauty (NASDAQ: ULTA) has announced its participation in an upcoming investor event. CEO Kecia Steelman and CFO Paula Oyibo will engage in a Fireside Chat at J.P. Morgan's Retail Round Up Conference on April 3, 2025.

The presentation is scheduled for 10:00 a.m. Eastern Time (9:00 a.m. Central Time). Investors and interested parties can access the live webcast through Ulta Beauty's investor relations website at ulta.com/investor. A replay of the presentation will be made available for a period following the event.

Ulta Beauty (NASDAQ: ULTA) reported Q4 fiscal 2024 results with net sales of $3.5 billion, down 1.9% from $3.6 billion in the year-ago quarter, primarily due to the extra week in fiscal 2023. Comparable sales increased 1.5%, driven by a 3.0% increase in average ticket despite a 1.4% decrease in transactions.

Q4 net income was $393.3 million with diluted EPS of $8.46. For full fiscal 2024, net sales grew 0.8% to $11.3 billion with comparable sales up 0.7%. The company ended the quarter with 1,445 stores and cash reserves of $703.2 million. Merchandise inventory increased 13.0% to $2.0 billion.

During Q4, Ulta repurchased 620,053 shares for $249.5 million, with $2.7 billion remaining under their October 2024 share repurchase program. The company opened 66 new stores, relocated two, remodeled 41, and closed six stores during fiscal 2024.

Ulta Beauty (NASDAQ: ULTA) has scheduled the release of its fourth quarter and fiscal year 2024 financial results for Thursday, March 13, 2025, after market close. The company will hold a conference call at 4:30 p.m. ET / 3:30 p.m. CT to discuss the results.

Investors and analysts can participate by dialing (877) 704-4453 or listen to the real-time audio webcast through the Investor Relations section of Ulta's website. A replay will be available online for 30 days following the live call.

Ulta Beauty has announced its first-ever Ulta Beauty World event, set to debut in San Antonio, TX on April 26, 2025. This one-day immersive beauty experience will run from 9 a.m. to 4 p.m. CT, offering attendees exclusive access to top beauty brands, founder meet-and-greets, and live demonstrations by the Ulta Beauty Pro Team.

The event will feature interactive experiences including a Signature Studio for customizing merchandise, live DJ entertainment, refreshments, and a BEIS Weekender Swag Bag containing over $1,000 worth of beauty and wellness products. Tickets will be available for purchase starting February 27, 2025.

Ulta Beauty announced a CEO transition, with Dave Kimbell retiring after 11 years and current President and COO Kecia Steelman appointed as the new President and CEO effective January 6, 2025. Kimbell will serve as an advisor until June 28, 2025.

During Kimbell's tenure as CEO since 2021, the company grew to over $11 billion in annual revenue and delivered double-digit growth in diluted earnings per share. Steelman, who joined in 2014 and became President and COO in 2023, has been instrumental in developing the company's strategic framework and driving operational excellence.

The company also updated its Q4 fiscal 2024 outlook, expecting modest comparable sales increase and operating margin above the previously forecasted range of 11.6% to 12.4%. Fourth quarter and fiscal 2024 results will be reported on March 13, 2025.

Ulta Beauty (NASDAQ: ULTA) has announced its participation in the upcoming Raymond James' TMT and Consumer Conference. Dave Kimbell, CEO, and Paula Oyibo, CFO, will engage in a Fireside Chat scheduled for December 11, 2024, at 10:40 a.m. Eastern Time / 9:40 a.m. Central Time.

The event will be accessible through a live webcast on the company's investor relations website at ulta.com/investor. A replay of the session will be made available for a duration following the conference.

Ulta Beauty announced its third quarter fiscal 2024 results, reporting net sales of $2.53 billion, a 1.7% increase from the previous year's $2.49 billion. Comparable sales rose by 0.6%, driven by a 0.5% increase in transactions and a 0.1% rise in average ticket. Net income was $242.2 million, translating to $5.14 per diluted share, up from $5.07. For the first nine months, net sales reached $7.8 billion, with a 2.0% increase from $7.7 billion. Gross profit as a percentage of net sales decreased slightly to 39.7% in Q3 and 39.1% for the first nine months. SG&A expenses increased to $682.3 million in Q3, and $2.0 billion for the first nine months, reflecting strategic investments. The company repurchased 731,458 shares for $267.0 million in Q3. Ulta opened 28 new stores and remodeled 27 in Q3, with plans to open 60-65 new stores in fiscal 2024. The updated fiscal 2024 outlook projects net sales between $11.1 billion and $11.2 billion, with diluted EPS between $23.20 and $23.75.

Ulta Beauty (NASDAQ: ULTA) has scheduled its third quarter fiscal 2024 financial results announcement for Thursday, December 5, 2024, after market close. The company will host a conference call at 4:30 p.m. ET / 3:30 p.m. CT to discuss the results. Investors and analysts can participate by dialing (877) 704-4453 or listen to the live webcast through the company's Investor Relations website. A replay will be available online for 30 days following the call.

Ulta Beauty (NASDAQ: ULTA) has partnered with Rokt to expand its retail media network, UB Media, ahead of the 2024 holiday season. The collaboration will enable Ulta Beauty to incorporate non-endemic advertising for the first time, allowing brands not sold on Ulta's platform to present targeted offers during the Transaction Moment™.

Through Rokt's technology, Ulta Beauty gains complete control over customer experience and message frequency while unlocking new revenue streams. The partnership aims to boost app downloads, beauty services, and reward program sign-ups, leveraging Ulta's base of nearly 44 million loyalty members. Non-endemic brand partners will include companies like Hulu, PayPal, and DoorDash.