Ulta Beauty(ULTA)

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Ulta Beauty Looks Ready To Shine (Technical Analysis)
Seeking Alpha· 2024-12-23 17:58
Recently, I read this article on Seeking Alpha, where UBS outlined its high conviction stock list for 2025. After reading the article I put the 25 stocks on the list through my technical methodology of analyzing price action, momentum, volume, and relative strength to seeAs an individual investor nearing retirement I am trying to build my financial assets in order to have a fulfilling retirement. I am interested in trading both long and short; or at least using inverse ETFs, to take advantage of market decl ...
Ulta Beauty, Inc. (ULTA) CEO Dave Kimbell presents at Raymond James 2024 TMT & Consumer Conference (Transcript)
Seeking Alpha· 2024-12-11 21:00
Ulta Beauty, Inc. (NASDAQ:ULTA) Raymond James 2024 TMT & Consumer Conference December 11, 2024 10:40 AM ET Company Participants Dave Kimbell - CEO Paula Oyibo - CFO Conference Call Participants Olivia Tong - Raymond James Olivia Tong Okay. Well, thank you, everybody, for joining us at Raymond James' Consumer & TMT Conference. I'm Olivia Tong. I had the coverage of Beauty and HPC, and we're so excited to have Ulta with us today. Thank you for joining us. Dave, Paula, really appreciate it. We have Dave Kimbel ...
Ulta Beauty, Inc. (ULTA) CEO Dave Kimbell presents at Raymond James 2024 TMT & Consumer Conference (Transcript)
2024-12-11 21:00
Ulta Beauty, Inc. (NASDAQ:ULTA) Raymond James 2024 TMT & Consumer Conference December 11, 2024 10:40 AM ET Company Participants Dave Kimbell - CEO Paula Oyibo - CFO Conference Call Participants Olivia Tong - Raymond James Olivia Tong Okay. Well, thank you, everybody, for joining us at Raymond James' Consumer & TMT Conference. I'm Olivia Tong. I had the coverage of Beauty and HPC, and we're so excited to have Ulta with us today. Thank you for joining us. Dave, Paula, really appreciate it. We have Dave Kimbel ...
Watch These Ulta Beauty Price Levels as Stock Jumps on Earnings, Outlook
Investopedia· 2024-12-06 03:50
Key TakeawaysUlta Beauty shares traded sharply higher in extended trading on Thursday after the cosmetics retailer surpassed Wall Street’s earnings expectations and raised its outlook. The stock sits poised to break above the upper trendline of an ascending triangle after the company’s upbeat quarterly results, setting the stage for a potential upside reversal.Investors should watch key overhead areas on Ulta Beauty's chart around $435, $465, and $497, while also monitoring a crucial support level near $412 ...
Ulta Beauty(ULTA) - 2024 Q3 - Earnings Call Transcript
2024-12-06 01:27
Ulta Beauty, Inc. (NASDAQ:ULTA) Q3 2024 Earnings Call Transcript December 5, 2024 4:30 PM ET Company Participants Kiley Rawlins - VP of IR Dave Kimbell - CEO Paula Oyibo - CFO Conference Call Participants Simeon Siegel - BMO Capital Markets Kelly Crago - Citi Korinne Wolfmeyer - Piper Sandler Anthony Chukumba - Loop Capital Markets Christopher Horvers - JPMorgan Chase & Company Emily Ghosh - Goldman Sachs Oliver Chen - TD Cowen Krisztina Katai - Deutsche Bank Operator Good afternoon, and welcome to Ulta Bea ...
Ulta (ULTA) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-12-06 00:31
For the quarter ended October 2024, Ulta Beauty (ULTA) reported revenue of $2.53 billion, up 1.7% over the same period last year. EPS came in at $5.14, compared to $5.07 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.49 billion, representing a surprise of +1.68%. The company delivered an EPS surprise of +14.99%, with the consensus EPS estimate being $4.47.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...
Ulta Beauty (ULTA) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-12-05 23:16
Ulta Beauty (ULTA) came out with quarterly earnings of $5.14 per share, beating the Zacks Consensus Estimate of $4.47 per share. This compares to earnings of $5.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.99%. A quarter ago, it was expected that this beauty products retailer would post earnings of $5.45 per share when it actually produced earnings of $5.30, delivering a surprise of -2.75%.Over the last four quarters, ...
Ulta Beauty beats Wall Street's earnings expectations, despite fears of slowing demand
CNBC· 2024-12-05 21:19
Beauty products on the shelves at Ulta on State Street in Chicago on Feb. 4, 2015.Ulta Beauty on Thursday beat Wall Street's fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare.The retailer hiked its full-year outlook slightly to reflect the better-than-expected results. For the fiscal year, it said it now expects net sales to range from $11.1 billion to $11.2 billion, compared with its previous guidance for $11 billion to $11.2 billion.It s ...
Ulta Beauty(ULTA) - 2025 Q3 - Quarterly Report
2024-12-05 21:09
Table of Contents 60440 (Zip code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.01 per share ULTA The NASDAQ Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended November 2, 2024 or ☐ Transition Report Pursuant to Section 13 ...
Ulta Beauty(ULTA) - 2025 Q3 - Quarterly Results
2024-12-05 21:06
Financial Performance - Net sales for the third quarter of fiscal 2024 were $2.53 billion, a 1.7% increase from $2.49 billion in the same quarter last year[5] - Comparable sales increased by 0.6%, compared to a 4.5% increase in the prior year, driven by a 0.5% increase in transactions and a 0.1% increase in average ticket[5] - Gross profit was $1.0 billion, with a gross profit margin of 39.7%, down from 39.9% in the previous year[6] - Operating income was $318.5 million, or 12.6% of net sales, compared to 13.1% in the prior year[6] - Net income for the third quarter was $242.2 million, compared to $249.5 million in the same quarter last year[6] - Net sales for the 39 weeks ended November 2, 2024, reached $7,808,035, a 2.0% increase from $7,653,005 for the same period last year[23] - Gross profit margin decreased to 39.1% from 39.7% year-over-year, with gross profit amounting to $3,053,601 compared to $3,040,536[23] - Operating income for the 39 weeks was $1,048,651, representing a decline to 13.4% of net sales from 15.2% in the previous year[23] - Net income decreased to $807,848, or 10.3% of net sales, down from $896,636, which was 11.7% of net sales last year[23] - Basic net income per share was $17.00, down from $18.08 year-over-year, while diluted net income per share was $16.93 compared to $17.99[23] Expenses and Liabilities - Selling, general and administrative expenses rose to $682.3 million, representing 27.0% of net sales, up from 26.6%[6] - Total liabilities increased to $3,629,477 from $3,566,466, with current liabilities rising to $1,816,407 from $1,836,939[26] Store Operations - The company opened 28 new stores in the third quarter, bringing the total to 1,437 stores[11] - Total stores increased from 1,385 at the beginning of Fiscal 2024 to 1,437 by the end of the third quarter, with a net addition of 52 stores during the year[31] - Total gross square feet increased from 14,515,593 at the beginning of Fiscal 2024 to 15,020,825 by the end of the third quarter, reflecting an increase of 505,232 square feet[31] - In the third quarter, 258,320 gross square feet were added from new or expanded stores, while 20,083 square feet were closed[31] Inventory and Cash Flow - Merchandise inventories increased by 1.9% to $2.4 billion, primarily due to the addition of 63 net new stores since the end of the previous fiscal year[8] - Total current assets increased to $2,954,862 from $2,792,040, with merchandise inventories rising to $2,365,186 from $2,321,306[26] - Cash and cash equivalents at the end of the period were $177,782, a decrease from $121,811 at the end of the previous year[28] - Net cash provided by operating activities was $302,041, down from $358,011 in the prior year[28] - Capital expenditures for the period were $300,536, slightly lower than $311,030 in the previous year[28] Shareholder Actions - The company repurchased 731,458 shares at a cost of $267.0 million during the third quarter, with $2.9 billion remaining under the share repurchase program[10] Sales Composition - For the week ended October 28, 2023, cosmetics accounted for 42% of net sales, while skincare represented 22%[34] - Haircare sales contributed 21% to net sales for the week ended October 28, 2023, showing a slight decrease from the previous year[34] - Fragrance and services maintained their contributions at 9% and 4% respectively for the week ended October 28, 2023[34] - The company reclassified certain sales departments to align with current year presentation, impacting the categorization of the bath category[34] Outlook - For fiscal 2024, the updated outlook for net sales is between $11.1 billion and $11.2 billion, with diluted earnings per share projected to be between $23.20 and $23.75[13]