Ulta Beauty, Inc.

For the period ended Aug 2, 2025. Filed Aug 28, 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.

Aug 2, 2025 · Filed Aug 28, 2025

ULTA$664.41-0.1%Stored close · as of Nov 10, 2026

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

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Contents

Consolidated Statements of Income


· · 13 Weeks Ended · · 26 Weeks Ended
· · August 2, · · August 3, · · August 2, · · August 3,
(In thousands, except per share data) · 2025 · · 2024 · · 2025 · · 2024
Net sales	$2,788,469	$2,552,087	$5,636,836	$5,277,935
Cost of sales	1,696,773	1,573,910	3,430,921	3,229,978
Gross profit	1,091,696	978,177	2,205,915	2,047,957

Selling, general and administrative expenses	741,737	644,821	1,452,350	1,310,734
Pre-opening expenses	5,105	4,155	6,934	7,074
Operating income	344,854	329,201	746,631	730,149
Interest income, net	(1,413)	(4,526)	(4,960)	(11,426)
Income before income taxes and equity net loss of affiliate	346,267	333,727	751,591	741,575
Income tax expense	84,795	81,171	184,439	175,906
Income before equity net loss of affiliate	261,472	252,556	567,152	565,669
Equity net loss of affiliate	597	—	1,225	—
Net income	$260,875	$252,556	$565,927	$565,669

Net income per common share:
Basic	$5.80	$5.32	$12.53	$11.83
Diluted	$5.78	$5.30	$12.49	$11.78

Weighted average common shares outstanding:
Basic	44,955	47,505	45,158	47,815
Diluted	45,112	47,667	45,297	48,022

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.