Ulta Beauty Stock Price, News & Analysis

Ulta Beauty (NASDAQ: ULTA) and Target Corporation (NYSE: TGT) have announced they will end their shop-in-shop partnership in August 2026 when their current agreement expires. The partnership, which began in 2021, allowed Target customers to access prestige beauty products and link their Ulta Beauty Rewards with Target Circle accounts.

Until the conclusion of the partnership, customers will continue to earn Ulta Beauty Rewards on eligible purchases at Target locations. Ulta Beauty plans to focus on its core business strategy, including the launch of Ulta Beauty Marketplace later this year. Target will maintain its beauty retail presence by continuing to offer a curated assortment of beauty products and experiences to its customers.

Ulta Beauty (NASDAQ: ULTA) has announced the acquisition of Space NK Limited, a prominent British beauty retailer, from Manzanita Capital. Space NK, known for curating innovative beauty brands, operates 83 stores across the UK and Ireland along with an online presence.

The acquisition marks Ulta Beauty's strategic entry into the UK market, aligning with their international expansion strategy under the Ulta Beauty Unleashed plan. Space NK will operate as a standalone subsidiary, maintaining its current management team led by CEO Andy Lightfoot. The transaction was funded through cash on hand and existing credit facility, with the financial terms undisclosed. The acquisition is not expected to materially impact Ulta Beauty's fiscal 2025 financial results.

Ulta Beauty (NASDAQ: ULTA) has announced an immediate CFO transition, with Chris Lialios, Senior Vice President – Controller, appointed as Interim CFO following the departure of Paula Oyibo. Lialios, a 25-year veteran of the company, has served as SVP-Controller since 2018 and brings extensive experience in financial reporting, internal controls, and accounting policy.

The company has initiated an external search for a permanent CFO. Importantly, Ulta Beauty has reaffirmed its fiscal 2025 guidance, projecting comparable store sales growth of 0-1.5%, operating margin of 11.7-11.8%, and diluted EPS between $22.65 and $23.20.

Ulta Beauty (NASDAQ: ULTA) reported Q1 fiscal 2025 results with net sales increasing 4.5% to $2.8 billion and comparable sales growth of 2.9%. The company achieved net income of $305.1 million, or $6.70 per diluted share. Operating income was $401.8 million, representing 14.1% of net sales.

During Q1, Ulta opened 6 new stores and operated 1,451 stores totaling 15.2 million square feet. The company repurchased 986,733 shares for $358.7 million, with $2.3 billion remaining in its buyback program. Merchandise inventories increased 11.3% to $2.1 billion.

Ulta Beauty updated its fiscal 2025 guidance, raising net sales expectations to $11.5-11.7 billion and comparable sales growth to 0-1.5%. The company also increased its diluted EPS forecast to $22.65-23.20.

Ulta Beauty (NASDAQ: ULTA) has announced its participation in Deutsche Bank's Global Consumer Conference in Paris. CEO Kecia Steelman and CFO Paula Oyibo will engage in a Fireside Chat on June 4, 2025, at 2:45 p.m. CEST (8:45 a.m. ET / 7:45 a.m. CT). The event will be accessible via live webcast on Ulta Beauty's investor relations website, with a replay available for a limited time.

Ulta Beauty (NASDAQ: ULTA) has scheduled its first quarter fiscal 2025 earnings release for Thursday, May 29, 2025, after market close. The company will hold a conference call and webcast at 4:30 p.m. ET / 3:30 p.m. CT to discuss the financial results. Investors and interested parties can access the webcast and replay through Ulta Beauty's Investor Relations website at ulta.com/investor, with registration available at the provided link.

Ulta Beauty has announced its role as the official beauty retail partner for Beyoncé's COWBOY CARTER TOUR. Building on their recent exclusive launch of CÉCRED hair care line, the partnership will feature tour-inspired beauty looks, curated product collections, and immersive experiences across select cities.

The collaboration includes the first-ever brick-and-mortar retail launch of CÉ LUMIÈRE fragrance in select Ulta Beauty stores and online. The partnership will unveil seven special beauty looks inspired by different tour cities, reimagined with local influencers. The program runs from April through July 2025, featuring city-inspired looks in Los Angeles, Chicago, East Rutherford, Houston, Washington D.C., Atlanta, and Las Vegas.

Additional offerings include Pro Team Masterclasses in Los Angeles and New York City, a COWBOY CARTER TOUR-inspired beauty collection available nationwide, and a GLAMlab virtual try-on experience in the Ulta Beauty app.

Ulta Beauty (NASDAQ: ULTA) has announced the appointment of Lauren Brindley as Chief Merchandising and Digital Officer, effective June 3, 2025. Brindley will succeed Monica Arnaudo, who is set to retire in June.

In her new role, Brindley will oversee merchandising, ecommerce, wellness, and marketplace strategies, along with leading the company's assortment brand building strategy. She brings over two decades of global beauty and retail expertise, most recently serving as CEO of Revolution Beauty, with previous senior leadership positions at Walgreens and Boots UK.

The appointment was announced by Kecia Steelman, President and CEO, who emphasized Brindley's strategic leadership capabilities, industry expertise, and global perspective as key factors in driving Ulta Beauty's future growth and maintaining strong brand partnerships.

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.