Ulta Beauty Inc

For the period ended May 3, 2025. Filed May 29, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

May 3, 2025 · Filed May 29, 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


· · May 3, · · February 1, · · May 4,
(In thousands, except per share data) · 2025 · 2025 · 2024
Assets	(Unaudited)		(Unaudited)
Current assets:
Cash and cash equivalents	$454,629	$703,201	$524,596
Receivables, net	225,146	223,334	203,463
Merchandise inventories, net	2,121,519	1,968,214	1,906,040
Prepaid expenses and other current assets	138,396	129,113	126,529
Prepaid income taxes	—	4,946	—
Total current assets	2,939,690	3,028,808	2,760,628

Property and equipment, net	1,251,287	1,239,295	1,195,658
Operating lease assets	1,658,834	1,609,870	1,561,767
Goodwill	10,870	10,870	10,870
Other intangible assets, net	—	204	434
Deferred compensation plan assets	47,467	47,951	45,718
Other long-term assets	78,541	64,695	56,864
Total assets	$5,986,689	$6,001,693	$5,631,939

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$537,518	$563,761	$463,777
Accrued liabilities	346,960	380,241	332,692
Deferred revenue	462,843	500,585	398,729
Current operating lease liabilities	285,764	288,114	284,815
Accrued income taxes	130,765	46,777	92,711
Total current liabilities	1,763,850	1,779,478	1,572,724

Non-current operating lease liabilities	1,689,439	1,635,120	1,607,953
Deferred income taxes	46,013	42,593	89,556
Other long-term liabilities	57,084	56,149	60,963
Total liabilities	3,556,386	3,513,340	3,331,196

Commitments and contingencies (Note 6)

Stockholders' equity:
Common stock, $0.01 par value, 400,000 shares authorized; 45,922, 46,809, and 48,688 shares issued; 45,042, 45,965, and 47,845 shares outstanding; at May 3, 2025 (unaudited), February 1, 2025, and May 4, 2024 (unaudited), respectively	459	468	487
Treasury stock-common, at cost	(119,704)	(106,793)	(106,315)
Additional paid-in capital	1,129,309	1,120,769	1,091,822
Retained earnings	1,420,239	1,473,909	1,314,749
Total stockholders’ equity	2,430,303	2,488,353	2,300,743
Total liabilities and stockholders’ equity	$5,986,689	$6,001,693	$5,631,939

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.