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Inferra AI / Company / ULTA

Ulta Beauty

ULTA · Consumer Discretionary

Last earnings Aug 27, 2026

Key results

Net incomequarter

$260.9 Million

Net Income Increased to $260.9 Million or $5.78

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Operating incomequarter

$344.9 million

Operating income was $344.9 million, or 12.4% of net sales, compared to $329.2 million, or 12.9% of net sales.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Net income increased 3.3% to $260.9 million compared to $252.6 million.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

EPSquarter

9.1%

Diluted earnings per share increased 9.1% to $5.78, including a $0.03 benefit due to income tax accounting for stock-based compensation, compared to $5.30.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Net revenuequarter

6.8%

First Six Months of Fiscal 2025 Compared to First Six Months of Fiscal 2024 Net sales increased 6.8% to $5.6 billion compared to $5.3 billion, primarily due to increased comparable sales, the acquisition of Space NK and new store contribution, partially offset by a decrease in other revenue .

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Operating income was $746.6 million, or 13.2% of net sales, compared to $730.1 million, or 13.8% of net sales.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Net income was $565.9 million compared to $565.7 million.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Diluted earnings per share increased 6.0% to $12.49, including a $0.04 benefit due to income tax accounting for stock-based compensation, compared to $11.78, including a $0.10 benefit due to income tax accounting for stock-based compensation.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

AI analysis

Q2 FY2025 · reported Aug 28, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Net income · Q2 FY2025
$260.9M
EX-99 · Aug 28, 2025
Operating income · Q2 FY2025
$344.9M
EX-99 · Aug 28, 2025

Headline figures

MetricQ2 FY2025Prior qtrYear ago
Net income$260.9 Million——
Operating income$344.9 million——
EPS9.1%——
Net revenue6.8%——

EX-99 · Aug 28, 2025

Guidance · company-stated

Net sales

“$11.5 billion to $11.7 billion $12.0 billion to $12.1 billion”

sales

“0% to 1.5% 2.5% to 3.5%”

Operating margin

“11.7% to 11.8% 11.9% to 12.0%”

Diluted earnings per share

“$22.65 to $23.20 $23.85 to $24.30”

Effective tax rate

“approximately 24.5%”

Capital expenditures

“$425 million to $500 million”

Guidance stated in the release's Business Outlook table for fiscal 2025; no direction stated — figures as stated in the table.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Short-term debt at the end of the second quarter of fiscal 2025 was $289.1 million, as the Company drew on its revolving credit facility primarily to support the acquisition of Space NK.

At the end of the second quarter of fiscal 2024, the Company had no borrowings outstanding under the revolving credit facility.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

ULTA BEAUTY ANNOUNCES SECOND QUARTER FISCAL 2025 RESULTS

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Net sales: “Net sales $11.5 billion to $11.7 billion $12.0 billion to $12.1 billion”

sales: “sales 0% to 1.5% 2.5% to 3.5%”

Operating margin: “Operating margin 11.7% to 11.8% 11.9% to 12.0%”

Diluted earnings per share: “Diluted earnings per share $22.65 to $23.20 $23.85 to $24.30”

Effective tax rate: “Effective tax rate approximately 24.5%”

Capital expenditures: “Capital expenditures $425 million to $500 million”

Net sales (“fiscal 2025”)
“Net sales $11.5 billion to $11.7 billion $12.0 billion to $12.1 billion”

sales (“fiscal 2025”)
“sales 0% to 1.5% 2.5% to 3.5%”

Operating margin (“fiscal 2025”)
“Operating margin 11.7% to 11.8% 11.9% to 12.0%”

Diluted earnings per share (“fiscal 2025”)
“Diluted earnings per share $22.65 to $23.20 $23.85 to $24.30”

Effective tax rate (“fiscal 2025”)
“Effective tax rate approximately 24.5%”

Capital expenditures (“fiscal 2025”)
“Capital expenditures $425 million to $500 million”

Guidance stated in the release's Business Outlook table for fiscal 2025; no direction stated — figures as stated in the table.

Capital allocation

Short-term debt at the end of the second quarter of fiscal 2025 was $289.1 million, as the Company drew on its revolving credit facility primarily to support the acquisition of Space NK.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

At the end of the second quarter of fiscal 2024, the Company had no borrowings outstanding under the revolving credit facility.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Share Repurchase Program During the second quarter of fiscal 2025, the Company repurchased 244,559 shares of its common stock at a cost of $109.5 million.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

During the first six months of fiscal 2025, the Company repurchased 1.2 million shares of its common stock at a cost of $468.3 m illion.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

As of August 2, 2025, $2.2 billion remained available under the $3.0 billion share repurchase program announced in October 2024.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Debt On August 27, 2025, the Company entered into Amendment No.

SEC original ↗Ulta Beauty — 10-Q Quarterly report10-QAug 27, 2026

Strategy & priorities

Steelman continued, As we look to the future, we remain committed to executing our Ulta Beauty Unleashed strategy and strengthening our operating model.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

While near-term uncertainty persists, we re staying focused on what we can control and on executing with excellence to deliver our uniquely Ulta Beauty experience.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

These statements can be identified by the use of forward-looking words such as outlook, believes, expects, plans, estimates, targets, strategies or other comparable words.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

The inclusion of this forward-looking information should not be regarded as a representation by the Company or any other person that the future plans, estimates, targets, strategies or expectations contemplated by the Company will be achieved.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

These forward-looking statements are included throughout this Quarterly Report on Form 10-Q, and relate to matters such as our industry, business strategy, goals, and expectations concerning our market position, future operations, margins, profitability, capital expenditures, liquidity, share repurchases, and capital resources and other financial and operating information.

SEC original ↗Ulta Beauty — 10-Q Quarterly report10-QAug 27, 2026

Risks & headwinds

While near-term uncertainty persists, we re staying focused on what we can control and on executing with excellence to deliver our uniquely Ulta Beauty experience.

SEC original ↗Ulta Beauty — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Legal Proceedings 28 Item 1A.

SEC original ↗Ulta Beauty — 10-Q Quarterly report10-QAug 27, 2026

Commitments and contingencies The Company is involved in various legal proceedings that are incidental to the conduct of its business including both class action and single plaintiff litigation.

SEC original ↗Ulta Beauty — 10-Q Quarterly report10-QAug 27, 2026

Such forward-looking statements are subject to various risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict or quantify.

SEC original ↗Ulta Beauty — 10-Q Quarterly report10-QAug 27, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Amazon (AMZN) Consumer DiscretionaryTesla, Inc. (TSLA) Consumer DiscretionaryAlibaba Group (BABA) Consumer DiscretionaryeBay Inc. (EBAY) Consumer DiscretionaryToyota Motor (TM) Consumer DiscretionaryO'Reilly Automotive (ORLY) Consumer DiscretionaryLi Auto Inc. (LI) Consumer DiscretionaryV F Corp (VFC) Consumer Discretionary
Documents

Filings

68 documents

Earnings releases

23 documents

Presentations

0 documents

No presentations for Ulta Beauty are held in this edition of the library.

Transcripts

0 documents

No transcripts for Ulta Beauty are held in this edition of the library.

Mentioned by

3 companies

Other tracked companies whose held documents mention Ulta Beauty by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.