Ulta Beauty Stock Price, News & Analysis

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.

Ulta Beauty, Inc. (NASDAQ: ULTA) will hold a conference call on December 3, 2020, at 5:00 p.m. ET to discuss its third quarter 2020 results. The call will be led by CEO Mary Dillon and CFO Scott Settersten, with a press release to be issued beforehand. The call is open to investors and analysts, who can participate by dialing (877) 705-6003 or via a live webcast. Ulta Beauty, the largest U.S. beauty retailer, provides a comprehensive range of beauty products and services, including a full-service salon in every store.