About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Ulta Beauty, Inc. (ULTA) reported solid first-quarter fiscal 2025 results, wherein both top and bottom lines beat the Zacks Consensus Estimate and increased year over year. Better-than-expected results prompted management to raise its full-year view.The company reported first-quarter earnings per share of $6.70, beating the Zacks Consensus Estimate of $5.77. The bottom line increased from $6.47 in the year-ago period. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Net sales of this ...

Core Insights - Ulta Beauty is experiencing a boost in sales as consumers turn to beauty products for comfort amid macroeconomic uncertainties, indicating a strong emotional connection to the beauty category [1] - The company reported a 4.5% increase in first-quarter revenue to $2.8 billion, surpassing expectations and raising its annual profit forecast [3] - Established brands like MAC and Estee Lauder, along with new launches such as Tatcha and Milk Makeup, contributed to the sales growth [3] Consumer Behavior - Consumers are prioritizing value while navigating financial pressures, leading to a shift in spending habits [2] - Spending per customer remains consistent across income groups, although lower-income consumers are reported to be pulling back more significantly [2] Market Performance - Ulta's shares rose approximately 8% in after-hours trading, reflecting resilience in the beauty sector, with a 9% increase over the past year [4] - The company's positive results contrast with challenges faced by other retailers, such as Target and Walmart, which have reported declining sales and lowered forecasts [5][6]

Ulta Beauty (ULTA) reported $2.85 billion in revenue for the quarter ended April 2025, representing a year-over-year increase of 4.5%. EPS of $6.70 for the same period compares to $6.47 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.8 billion, representing a surprise of +1.57%. The company delivered an EPS surprise of +16.12%, with the consensus EPS estimate being $5.77.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...

Ulta Beauty (ULTA) came out with quarterly earnings of $6.70 per share, beating the Zacks Consensus Estimate of $5.77 per share. This compares to earnings of $6.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.12%. A quarter ago, it was expected that this beauty products retailer would post earnings of $7.10 per share when it actually produced earnings of $8.46, delivering a surprise of 19.15%.Over the last four quarters, ...

Ulta Beauty (ULTA) Q1 2026 Earnings Call May 29, 2025 04:30 PM ET Company Participants Kiley Rawlins - SVP - Investor RelationsKecia Steelman - President & CEOPaula Oyibo - Chief Financial OfficerOlivia Tong - Managing DirectorSimeon Siegel - Managing DirectorKate McShane - Managing DirectorSydney Wagner - Equity Research Senior Associate - Beauty & Personal Care Conference Call Participants Rupesh Parikh - Managing Director and Senior AnalystSusan Anderson - Managing Director & Senior AnalystKorinne Wolfme ...

Financial Data and Key Metrics Changes - For the first quarter, net sales increased by 4.5% to $2.8 billion, with operating profit at 14.1% of sales and diluted earnings per share at $6.70 [6][25][29] - Comparable sales rose by 2.9%, driven by a 2.3% increase in average ticket and a 0.6% increase in transactions [25] - Gross margin decreased by 10 basis points to 39.1%, primarily due to deleverage of store and supply chain fixed costs [27] - SG&A expenses increased by 6.7% to $711 million, with SG&A as a percentage of sales rising to 24.9% [28] Business Line Data and Key Metrics Changes - Fragrance was the strongest performing category, delivering double-digit growth, while skincare and wellness saw high single-digit growth [10] - Hair care was roughly flat, with growth in hair color and accessories offset by declines in hair care tools [11] - Makeup category experienced a slight decrease in comp sales, driven by mass makeup, while prestige makeup remained flat [11][12] Market Data and Key Metrics Changes - Consumer engagement with beauty remains strong, with beauty and wellness prioritized by consumers despite economic pressures [7] - The beauty category is expected to normalize growth rates, projected at 2% to 5% over the next few years [56] Company Strategy and Development Direction - The company is focused on executing the Ulta Beauty Unleashed plan to accelerate performance and maintain leadership [7][19] - Strategic priorities include scaling new businesses, enhancing digital capabilities, and optimizing cost structures [17][19] - The company plans to open stores in Mexico City, Kuwait City, and Dubai later this year, alongside launching an online marketplace [18] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the operating environment, acknowledging ongoing consumer pressures and macroeconomic uncertainties [31][32] - The company updated its sales expectations for the year, projecting net sales between $11.5 billion and $11.7 billion, with comp sales growth expected to be flat to up 1.5% [31][32] Other Important Information - The company launched 19 new brands during the quarter, many of which are exclusive to Ulta Beauty [15] - The active loyalty member base reached a record 45 million, up 3% year over year [14] Q&A Session Summary Question: Insights on the Ulta Beauty Unleashed plan - Management highlighted improved in-store execution and marketing efforts as key contributors to the success of the Ulta Beauty Unleashed plan [36][40] Question: Full year outlook and promotional strategies - Management discussed expectations for comp sales growth and the rationality of promotions, emphasizing a cautious approach due to market dynamics [42][45] Question: Newness and innovation pipeline - Management expressed confidence in a balanced pipeline of new products across categories, with a focus on exclusivity [48][50] Question: Demand improvements and competitive intensity - Management noted that competitive intensity remains high, but the company is well-positioned to drive market share through its initiatives [51][54] Question: E-commerce growth drivers - Management attributed the 10% growth in e-commerce to enhancements in digital capabilities and a focus on app engagement [92][93]

Financial Performance - Net sales for the 13 weeks ended May 3, 2025, were $2,848,367, an increase of 4.5% compared to $2,725,848 for the same period in 2024[80] - Comparable sales increased by 2.9% for the 13 weeks ended May 3, 2025, compared to a 1.6% increase for the same period in 2024[80] - Gross profit for the quarter was $1,114,219, up from $1,069,780 in the prior year, reflecting a gross margin improvement[80] - Operating income for the quarter was $401,777, slightly higher than $400,948 in the same quarter last year[80] - Net income for the 13 weeks ended May 3, 2025, was $305,052, compared to $313,113 for the same period in 2024, indicating a decrease of 2.6%[80] Expenses and Costs - Selling, general and administrative expenses rose to $710,613 from $665,913, reflecting increased operational costs[80] - Selling, general and administrative (SG&A) expenses increased by $44.7 million or 6.7%, amounting to $710.6 million, with SG&A as a percentage of net sales rising to 24.9%[84] - Net income decreased to $305.1 million for the 13 weeks ended May 3, 2025, down from $313.1 million in 2024, primarily due to increased SG&A expenses and income tax expense[88] Store Operations - The number of stores at the end of the period increased to 1,451 from 1,395 year-over-year[80] - The company opened six new stores during the 13 weeks ended May 3, 2025, compared to 12 new stores opened in the same period in 2024[99] Cash and Liquidity - Cash and cash equivalents were $454.6 million as of May 3, 2025, compared to $524.6 million on May 4, 2024[89] - Net cash provided by operating activities increased to $220.0 million for the 13 weeks ended May 3, 2025, compared to $159.3 million in 2024[95] - The company had no outstanding borrowings under its credit facility as of May 3, 2025, indicating strong liquidity management[105] Market Outlook and Strategy - The company anticipates that persistent inflation and macroeconomic pressures may negatively impact sales trends throughout fiscal 2025[68] - The long-term growth strategy includes expanding omnichannel capabilities and opening new stores to drive profitable growth[66] - The beauty market is expected to continue expanding, supported by ongoing consumer engagement with beauty products[67] Inventory Management - Merchandise inventories increased by $215.5 million or 11.3%, totaling $2.1 billion as of May 3, 2025[98] Share Repurchase - The company repurchased 986,733 shares at a total cost of $362.1 million during the 13 weeks ended May 3, 2025[108]

Exhibit 99.1 ULTA BEAUTY ANNOUNCES FIRST QUARTER FISCAL 2025 RESULTS Net Sales Increased 4.5% to $2.8 Billion Comparable Sales Increased 2.9% Net Income of $305.1 Million or $6.70 Per Diluted Share Company Updates Fiscal 2025 Guidance Bolingbrook, IL – May 29, 2025 – Ulta Beauty, Inc. (NASDAQ: ULTA) today announced financial results for the thirteen-week period ("first quarter") ended May 3, 2025. | | | 13 Weeks Ended | | | | --- | --- | --- | --- | --- | | | May 3, | | May 4, | | | (Dollars in millions, ex ...

Wall Street analysts forecast that Ulta Beauty (ULTA) will report quarterly earnings of $5.75 per share in its upcoming release, pointing to a year-over-year decline of 11.1%. It is anticipated that revenues will amount to $2.79 billion, exhibiting an increase of 2.2% compared to the year-ago quarter.The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised the ...