Ulta Beauty, Inc.

For the period ended Feb 1, 2025. Filed Mar 27, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 27, 2025

ULTA$665.13+3.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets


· · February 1, · · February 3,
(In thousands, except per share data)	2025		2024
Assets
Current assets:
Cash and cash equivalents		$703,201		$766,594
Receivables, net		223,334		207,939
Merchandise inventories, net		1,968,214		1,742,136
Prepaid expenses and other current assets		129,113		115,598
Prepaid income taxes		4,946		4,251
Total current assets		3,028,808		2,836,518

Property and equipment, net		1,239,295		1,182,335
Operating lease assets		1,609,870		1,574,530
Goodwill		10,870		10,870
Other intangible assets, net		204		510
Deferred compensation plan assets		47,951		43,516
Other long-term assets		64,695		58,732
Total assets		$6,001,693		$5,707,011

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable		$563,761		$544,001
Accrued liabilities		380,241		382,468
Deferred revenue		500,585		436,591
Current operating lease liabilities		288,114		283,821
Accrued income taxes		46,777		11,310
Total current liabilities		1,779,478		1,658,191

Non-current operating lease liabilities		1,635,120		1,627,271
Deferred income taxes		42,593		85,921
Other long-term liabilities		56,149		56,300
Total liabilities		3,513,340		3,427,683

Commitments and contingencies (Note 9)

Stockholders' equity:
Common stock, $0.01 par value, 400,000 shares authorized; 46,809 and 49,123 shares issued; 45,965 and 48,324 shares outstanding; at February 1, 2025 and February 3, 2024, respectively		468		491
Treasury stock-common, at cost		(106,793)		(83,032)
Additional paid-in capital		1,120,769		1,075,104
Retained earnings		1,473,909		1,286,765
Total stockholders’ equity		2,488,353		2,279,328
Total liabilities and stockholders’ equity		$6,001,693		$5,707,011

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.