Ulta Beauty Stock Price, News & Analysis

Ulta Beauty (NASDAQ: ULTA) plans to announce its financial results for the first quarter ending April 30, 2022, on May 26, 2022, after market close. A conference call will follow at 4:30 p.m. ET, hosted by CEO Dave Kimbell and CFO Scott Settersten. Interested participants can call (877) 704-4453 or join via an audio webcast on Ulta's Investor Relations website. A replay will be available for 90 days. Ulta Beauty operates over 1,300 stores nationwide and has been added to the Bloomberg Gender Equality Index, recognizing its commitment to gender equality.

Ulta Beauty (NASDAQ: ULTA) announced its participation in a Fireside Chat at J.P. Morgan’s 8th Annual Retail Round-Up Conference on April 7, 2022, at 10:00 a.m. ET. CEO Dave Kimbell, CFO Scott Settersten, and COO Kecia Steelman will be discussing the company's strategy and performance. The event will be webcast live, and a replay will be accessible for 30 days. Additionally, Ulta has been included in the Bloomberg Gender Equality Index, highlighting its commitment to gender equality.

Ulta Beauty reported a strong fiscal fourth quarter, achieving net sales of $2.7 billion, up 24.1% year-over-year, and net income of $289.4 million or $5.41 per diluted share. Comparable sales rose 21.4%, driven by increased transactions and higher average tickets. The company opened 6 new stores in the fourth quarter and is optimistic about fiscal 2022, projecting net sales of $9.05 billion to $9.15 billion and diluted EPS of $18.20 to $18.70. Challenges include managing wage and supply chain costs.

Ulta Beauty (NASDAQ: ULTA) plans to report its fourth-quarter financial results for the period ending January 29, 2022, on March 10, 2022, after market close. A conference call will take place on the same date at 4:30 p.m. ET, hosted by CEO Dave Kimbell and CFO Scott Settersten. Interested participants can join at (877) 705-6003 or via a webcast. The replay will be available for 90 days. Ulta Beauty operates over 1,300 stores across the U.S. and is recognized for its commitment to gender equality.

Ulta Beauty, Inc. (NASDAQ: ULTA) announced the appointment of Kelly E. Garcia, CTO of Domino's (NYSE: DPZ), and Gisel Ruiz, former COO of Walmart's Sam's Club, to its Board of Directors effective February 16, 2022. Mary Dillon, executive chair, expressed confidence in their leadership to enhance operational strategies. With these appointments, Ulta's board comprises 13 members, with 54% women and 31% racially diverse. The company emphasizes its commitment to diversity and operational excellence, enhancing its position as the leading U.S. beauty retailer.

Ulta Beauty reported net sales of $2.0 billion for Q3 2021, up from $1.6 billion in Q3 2020, showcasing a 25.8% increase in comparable sales. Net income surged to $215.3 million, or $3.94 per diluted share, compared to $74.8 million in the previous year. The company raised its full-year guidance, now projecting net sales of $8.5 billion to $8.6 billion and diluted EPS of $16.70 to $17.10. With operational improvements and a growing loyalty program nearing 36 million members, Ulta benefits from strengthened consumer confidence and reduced COVID-19 restrictions.

Ulta Beauty (NASDAQ: ULTA) will report its third quarter financial results for the period ending October 30, 2021, on December 2, 2021, after market close. A conference call will take place the same day at 4:30 p.m. ET, hosted by CEO Dave Kimbell and CFO Scott Settersten. Interested parties can join by dialing (877) 705-6003 or via a live audio webcast on Ulta's Investor Relations website. A replay will be available for 90 days after the call. Ulta Beauty, recognized for its expansive beauty retail offerings, operates over 1,250 stores nationwide.

DoorDash (DASH) has announced a partnership with Ulta Beauty (ULTA) to launch same-day delivery services from select Ulta locations in major U.S. cities including Atlanta, Boston, and Los Angeles. This service will offer more than 25,000 beauty products just in time for the holiday season, enhancing convenience for consumers. The collaboration utilizes DoorDash Drive, allowing Ulta to tap into DoorDash's delivery network without in-house logistics. This initiative aims to provide seamless omnichannel experiences and cater to customer demand for faster delivery options.

Ulta Beauty (NASDAQ: ULTA) will hold a virtual analyst and investor conference today at 8:30 a.m. Central Time, unveiling long-term financial targets for 2022-2024, including a 5% to 7% CAGR in net sales growth and 50 new stores annually. CEO Dave Kimbell emphasized the company's commitment to innovation, evolving omnichannel experiences, and driving operational excellence. Strategic initiatives include partnerships with Google for virtual try-ons, a $20 million Digital Innovation Fund, and a cost-saving target of $150-$200 million to support future growth.