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    Ulta Beauty Announces Second Quarter Fiscal 2025 Results

    8/28/25 4:05:00 PM ET
    $ULTA
    Other Specialty Stores
    Consumer Discretionary
    Get the next $ULTA alert in real time by email

    Net Sales Increased 9.3% to $2.8 Billion Compared to $2.6 Billion in the Prior Year Quarter

    Comparable Sales Increased 6.7%

    Net Income Increased to $260.9 Million or $5.78 Per Diluted Share

    Ulta Beauty, Inc. (NASDAQ:ULTA) today announced financial results for the thirteen-week period ("second quarter") and twenty-six-week period ("first six months") ended August 2, 2025, compared to the same periods ended August 3, 2024.

     

     

    13 Weeks Ended

     

    26 Weeks Ended

     

     

    August 2,

     

    August 3,

     

    August 2,

     

    August 3,

    (Dollars in millions, except per share data)

    2025 (1)

     

    2024

     

    2025 (1)

     

    2024

    Net sales

     

    $

    2,788.5

     

    $

    2,552.1

     

    $

    5,636.8

     

    $

    5,277.9

    Comparable sales

     

     

    6.7%

     

     

    (1.2%)

     

     

    4.7%

     

     

    0.2%

    Gross profit (as a percentage of net sales)

     

     

    39.2%

     

     

    38.3%

     

     

    39.1%

     

     

    38.8%

    Selling, general and administrative expenses

     

    $

    741.7

     

    $

    644.8

     

    $

    1,452.4

     

    $

    1,310.7

    Operating income (as a percentage of net sales)

     

     

    12.4%

     

     

    12.9%

     

     

    13.2%

     

     

    13.8%

    Diluted earnings per share

     

    $

    5.78

     

    $

    5.30

     

    $

    12.49

     

    $

    11.78

    ________________________________ 

    (1) Includes the results of operations of Space NK since the July 10, 2025 acquisition. 

    "The Ulta Beauty team delivered strong results in the second quarter, including 6.7% comparable sales growth. Outstanding top line performance, fueled by growth across all major categories, drove market share growth and better-than-expected profitability," said Kecia Steelman, president and chief executive officer. "I am proud of the Ulta Beauty team's collective efforts to deliver great guest experiences in stores and across our digital channels."

    Steelman continued, "As we look to the future, we remain committed to executing our Ulta Beauty Unleashed strategy and strengthening our operating model. Our outlook for the remainder of the year reflects both the strength of our year-to-date performance and our caution around how consumer demand may evolve in the second half of the year. 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."

    Second Quarter of Fiscal 2025 Compared to Second Quarter of Fiscal 2024

    • Net sales increased 9.3% to $2.8 billion compared to $2.6 billion, primarily due to increased comparable sales, the acquisition of Space NK, and new store contribution.
    • Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 6.7% compared to a decrease of 1.2%, driven by a 3.7% increase in transactions and a 2.9% increase in average ticket.
    • Gross profit increased 11.6% to $1.1 billion compared to $978.2 million. As a percentage of net sales, gross profit increased to 39.2% compared to 38.3%, primarily due to lower inventory shrink and higher merchandise margin, partially offset by deleverage of supply chain costs and other revenue.
    • Selling, general and administrative (SG&A) expenses increased 15.0% to $741.7 million compared to $644.8 million. As a percentage of net sales, SG&A expenses increased to 26.6% compared to 25.3%, primarily due to higher incentive compensation, store payroll and benefits, and corporate overhead.
    • Operating income was $344.9 million, or 12.4% of net sales, compared to $329.2 million, or 12.9% of net sales.
    • The tax rate was 24.5% compared to 24.3%.
    • Net income increased 3.3% to $260.9 million compared to $252.6 million.
    • 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.

    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.
    • Comparable sales increased 4.7% compared to an increase of 0.2%, driven by a 2.6% increase in average ticket and a 2.1% increase in transactions.
    • Gross profit increased 7.7% to $2.2 billion compared to $2.0 billion. As a percentage of net sales, gross profit increased to 39.1% compared to 38.8%, primarily due to lower inventory shrink, higher merchandise margin, and favorable channel mix shifts, partially offset by lower other revenue and deleverage of supply chain fixed costs.
    • SG&A expenses increased 10.8% to $1.5 billion compared to $1.3 billion. As a percentage of net sales, SG&A expenses increased to 25.8% compared to 24.8%, primarily due to deleverage of store payroll and benefits, higher incentive compensation, and higher store expenses.
    • Operating income was $746.6 million, or 13.2% of net sales, compared to $730.1 million, or 13.8% of net sales.
    • The tax rate was 24.5% compared to 23.7% primarily due to a reduced benefit from income tax accounting for stock-based compensation.
    • Net income was $565.9 million compared to $565.7 million.
    • 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. 

    Balance Sheet

    Cash and cash equivalents at the end of the second quarter of fiscal 2025 totaled $242.7 million.

    Merchandise inventories, net at the end of the second quarter of fiscal 2025 increased 20.5% to $2.4 billion compared to $2.0 billion at the end of the second quarter of fiscal 2024. The increase was primarily due to inventory to support new brand launches, 62 net new Ulta Beauty stores, and the addition of 83 net new stores acquired with Space NK.

    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.

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

    Store Update

    During the second quarter of fiscal 2025, the Company opened 24 new stores, relocated two stores, remodeled five stores, and closed two stores. During the first six months of fiscal 2025, the Company opened 30 new stores, relocated four stores, remodeled nine stores, and closed two stores. At the end of the second quarter of fiscal 2025, the Company operated 1,473 Ulta Beauty stores totaling 15.4 million square feet across the U.S., excluding the 83 stores in the U.K. and Ireland operated by Space NK.

    Fiscal 2025 Outlook

    For fiscal 2025, the Company plans to:

    Prior Fiscal 2025 Outlook

     

    Updated Fiscal 2025 Outlook

    Net sales

     

    $11.5 billion to $11.7 billion

     

    $12.0 billion to $12.1 billion

    Comparable sales

     

    0% to 1.5%

     

    2.5% to 3.5%

    New stores, net

     

    approximately 60

     

    approximately 63

    Remodel and relocation projects

     

    40-45

     

    43-48

    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

    Share repurchases

     

    approximately $900 million

     

    no change

    Interest, net

     

    approximately $6 million of interest income

     

    approximately $4 million of interest expense

    Effective tax rate

     

    approximately 24.5%

     

    no change

    Capital expenditures

     

    $425 million to $500 million

     

    no change

    Depreciation and amortization expense

     

    $290 million to $300 million

     

    approximately $300 million

     

     

     

    Conference Call Information

    A conference call to discuss second quarter of fiscal 2025 results is scheduled for today, August 28, 2025, at 4:30 p.m. Eastern Time / 3:30 p.m. CT. Investors and analysts who are interested in participating in the call are invited to register for the live event at https://q2-2025-ulta-beauty-earnings-conference-call.open-exchange.net/.

    A replay will be available on the company's Investor Relations website at https://www.ulta.com/investor. There will also be an archived webcast available for a limited time thereafter.

    About Ulta Beauty

    Ulta Beauty (NASDAQ:ULTA) is the largest specialty beauty retailer in the U.S. and a leading destination for cosmetics, fragrance, skin care, hair care, wellness and salon services. Since opening its first store in 1990, Ulta Beauty has grown to approximately 1,500 stores across the U.S. and redefined beauty retail by bringing together All Things Beauty. All in One Place®. With an expansive product assortment, professional salon services and its beloved Ulta Beauty Rewards loyalty program, the company delivers seamless, personalized experiences across stores, Ulta.com and the Ulta Beauty App – where the possibilities are truly beautiful. Ulta Beauty is also expanding its presence internationally through a joint venture in Mexico, a franchise in the Middle East, and its subsidiary, Space NK, a luxury beauty retailer operating in the U.K. and Ireland. For more information, visit www.ulta.com.

    Forward‑Looking Statements

    This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, which reflect the Company's current views with respect to, among other things, future events and financial performance. 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. Any forward-looking statements contained in this press release are based upon the Company's historical performance and on current plans, estimates and expectations. 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. Such forward-looking statements are subject to various risks and uncertainties, which include, without limitation:

    • macroeconomic conditions, including inflation and elevated interest rates, as well as prior labor, transportation, and shipping cost pressures, have had, and may continue to have, a negative impact on our business, financial condition, profitability, and cash flows (including future uncertain impacts, especially when combined with increased tariffs);
    • changes in the overall level of consumer spending and volatility in the economy, including as a result of macroeconomic conditions, tariffs, and geopolitical events;
    • our ability to sustain our growth plans and successfully implement our long-range strategic and financial plan, including our international expansion in Mexico, the Middle East, the U.K., and Ireland;
    • the ability to execute our operational excellence priorities, including continuous improvement and supply chain optimization;
    • our ability to gauge beauty trends and react to changing consumer preferences in a timely manner;
    • the possibility that we may be unable to compete effectively in our highly competitive markets;
    • the possibility of significant interruptions in the operations of our distribution centers, fast fulfillment center, and market fulfillment centers;
    • the possibility that cybersecurity or information security breaches and other disruptions could compromise our information or result in the unauthorized disclosure of confidential information;
    • the possibility of material disruptions to our information systems, including our Ulta.com website and mobile applications;
    • the possibility that we will not realize the anticipated benefits of the acquisition of Space NK for any reason, including due to challenges with integration and/or achieving anticipated acquisition synergies;
    • the failure to maintain satisfactory compliance with applicable privacy and data protection laws and regulations;
    • changes in the good relationships we have with our brand partners, our ability to continue to obtain sufficient merchandise from our brand partners, and/or our ability to continue to offer permanent or temporary exclusive products of our brand partners;
    • our ability to effectively manage our inventory and protect against inventory shrink;
    • changes in the wholesale cost of our products and/or interruptions at our brand partners' or third-party vendors' operations;
    • epidemics, pandemics or natural disasters, which could negatively impact sales;
    • the possibility that new store openings and existing locations may be impacted by developer or co-tenant issues;
    • our ability to attract and retain key executive personnel;
    • the impact of climate change on our business operations and/or supply chain;
    • our ability to successfully execute our common stock repurchase program or implement future common stock repurchase programs;
    • a decline in operating results which could lead to asset impairment and store closure charges; and
    • other risk factors detailed in the Company's public filings with the Securities and Exchange Commission (the SEC), including risk factors contained in its Annual Report on Form 10-K for the fiscal year ended February 1, 2025, as such may be amended or supplemented in its subsequently filed Quarterly Reports on Form 10-Q.

    The Company's filings with the SEC are available at www.sec.gov. Except to the extent required by the federal securities laws, the Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

     
     
     

    Exhibit 1 

     

    Ulta Beauty, Inc.

    Consolidated Statements of Income

    (In thousands, except per share data)
     

     

     

     

    13 Weeks Ended

     

     

    August 2,

     

    August 3,

     

     

    2025

     

    2024

     

     

    (Unaudited)

     

    (Unaudited)

    Net sales

     

    $

    2,788,469

     

     

    100.0

    %

     

    $

    2,552,087

     

     

    100.0

    %

    Cost of sales

     

     

    1,696,773

     

     

    60.8

    %

     

     

    1,573,910

     

     

    61.7

    %

    Gross profit

     

     

    1,091,696

     

     

    39.2

    %

     

     

    978,177

     

     

    38.3

    %

     

     

     

     

     

     

     

     

     

     

     

    Selling, general and administrative expenses

     

     

    741,737

     

     

    26.6

    %

     

     

    644,821

     

     

    25.3

    %

    Pre-opening expenses

     

     

    5,105

     

     

    0.2

    %

     

     

    4,155

     

     

    0.2

    %

    Operating income

     

     

    344,854

     

     

    12.4

    %

     

     

    329,201

     

     

    12.9

    %

    Interest income, net

     

     

    (1,413

    )

     

    (0.1

    %)

     

     

    (4,526

    )

     

    (0.2

    %)

    Income before income taxes and equity net loss of affiliate

     

     

    346,267

     

     

    12.4

    %

     

     

    333,727

     

     

    13.1

    %

    Income tax expense

     

     

    84,795

     

     

    3.0

    %

     

     

    81,171

     

     

    3.2

    %

    Income before equity net loss of affiliate

     

     

    261,472

     

     

    9.4

    %

     

     

    252,556

     

     

    9.9

    %

    Equity net loss of affiliate

     

     

    597

     

     

    0.0

    %

     

     

    —

     

     

    0.0

    %

    Net income

     

    $

    260,875

     

     

    9.4

    %

     

    $

    252,556

     

     

    9.9

    %

     

     

     

     

     

     

     

     

     

     

     

    Net income per common share:

     

     

     

     

     

     

     

     

     

     

    Basic

     

    $

    5.80

     

     

     

     

    $

    5.32

     

     

     

    Diluted

     

    $

    5.78

     

     

     

     

    $

    5.30

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Weighted average common shares outstanding:

     

     

     

     

     

     

     

     

     

     

    Basic

     

     

    44,955

     

     

     

     

     

    47,505

     

     

     

    Diluted

     

     

    45,112

     

     

     

     

     

    47,667

     

     

     

     
     
     
     

    Exhibit 2 

     

    Ulta Beauty, Inc.

    Consolidated Statements of Income

    (In thousands, except per share data)
     

     

     

     

    26 Weeks Ended

     

     

    August 2,

     

    August 3,

     

     

    2025

     

    2024

     

     

    (Unaudited)

     

    (Unaudited)

    Net sales

     

    $

    5,636,836

     

     

    100.0

    %

     

    $

    5,277,935

     

     

    100.0

    %

    Cost of sales

     

     

    3,430,921

     

     

    60.9

    %

     

     

    3,229,978

     

     

    61.2

    %

    Gross profit

     

     

    2,205,915

     

     

    39.1

    %

     

     

    2,047,957

     

     

    38.8

    %

     

     

     

     

     

     

     

     

     

     

     

    Selling, general and administrative expenses

     

     

    1,452,350

     

     

    25.8

    %

     

     

    1,310,734

     

     

    24.8

    %

    Pre-opening expenses

     

     

    6,934

     

     

    0.1

    %

     

     

    7,074

     

     

    0.1

    %

    Operating income

     

     

    746,631

     

     

    13.2

    %

     

     

    730,149

     

     

    13.8

    %

    Interest income, net

     

     

    (4,960

    )

     

    (0.1

    %)

     

     

    (11,426

    )

     

    (0.2

    %)

    Income before income taxes and equity net loss of affiliate

     

     

    751,591

     

     

    13.3

    %

     

     

    741,575

     

     

    14.1

    %

    Income tax expense

     

     

    184,439

     

     

    3.3

    %

     

     

    175,906

     

     

    3.3

    %

    Income before equity net loss of affiliate

     

     

    567,152

     

     

    10.1

    %

     

     

    565,669

     

     

    10.7

    %

    Equity net loss of affiliate

     

     

    1,225

     

     

    0.0

    %

     

     

    —

     

     

    0.0

    %

    Net income

     

    $

    565,927

     

     

    10.0

    %

     

    $

    565,669

     

     

    10.7

    %

     

     

     

     

     

     

     

     

     

     

     

    Net income per common share:

     

     

     

     

     

     

     

     

     

     

    Basic

     

    $

    12.53

     

     

     

     

    $

    11.83

     

     

     

    Diluted

     

    $

    12.49

     

     

     

     

    $

    11.78

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Weighted average common shares outstanding:

     

     

     

     

     

     

     

     

     

     

    Basic

     

     

    45,158

     

     

     

     

     

    47,815

     

     

     

    Diluted

     

     

    45,297

     

     

     

     

     

    48,022

     

     

     

     
     
     
     

    Exhibit 3 

     

    Ulta Beauty, Inc.

    Condensed Consolidated Balance Sheets

    (In thousands)
     

     

     

     

    August 2,

     

    February 1,

     

    August 3,

     

     

    2025

     

    2025

     

    2024

     

     

    (Unaudited)

     

     

     

     

    (Unaudited)

    Assets

     

     

     

     

     

     

     

     

     

    Current assets:

     

     

     

     

     

     

     

     

     

    Cash and cash equivalents

     

    $

    242,745

     

    $

    703,201

     

    $

    413,962

    Receivables, net

     

     

    224,412

     

     

    223,334

     

     

    200,863

    Merchandise inventories, net

     

     

    2,407,051

     

     

    1,968,214

     

     

    1,998,286

    Prepaid expenses and other current assets

     

     

    165,963

     

     

    129,113

     

     

    132,023

    Prepaid income taxes

     

     

    28,877

     

     

    4,946

     

     

    53,607

    Total current assets

     

     

    3,069,048

     

     

    3,028,808

     

     

    2,798,741

     

     

     

     

     

     

     

     

     

     

    Property and equipment, net

     

     

    1,332,503

     

     

    1,239,295

     

     

    1,225,850

    Operating lease assets

     

     

    1,682,151

     

     

    1,609,870

     

     

    1,599,735

    Goodwill

     

     

    392,606

     

     

    10,870

     

     

    10,870

    Other intangible assets, net

     

     

    5,466

     

     

    204

     

     

    357

    Deferred compensation plan assets

     

     

    50,550

     

     

    47,951

     

     

    46,280

    Other long-term assets

     

     

    98,324

     

     

    64,695

     

     

    55,575

    Total assets

     

    $

    6,630,648

     

    $

    6,001,693

     

    $

    5,737,408

     

     

     

     

     

     

     

     

     

     

    Liabilities and stockholders' equity

     

     

     

     

     

     

     

     

     

    Current liabilities:

     

     

     

     

     

     

     

     

     

    Accounts payable

     

    $

    708,655

     

    $

    563,761

     

    $

    566,904

    Accrued liabilities

     

     

    460,232

     

     

    380,241

     

     

    348,042

    Deferred revenue

     

     

    460,187

     

     

    500,585

     

     

    394,987

    Current operating lease liabilities

     

     

    282,593

     

     

    288,114

     

     

    281,301

    Accrued income taxes

     

     

    —

     

     

    46,777

     

     

    —

    Short-term debt

     

     

    289,101

     

     

    —

     

     

    —

    Total current liabilities

     

     

    2,200,768

     

     

    1,779,478

     

     

    1,591,234

     

     

     

     

     

     

     

     

     

     

    Non-current operating lease liabilities

     

     

    1,716,133

     

     

    1,635,120

     

     

    1,647,698

    Deferred income taxes

     

     

    49,158

     

     

    42,593

     

     

    88,461

    Other long-term liabilities

     

     

    60,729

     

     

    56,149

     

     

    61,855

    Total liabilities

     

     

    4,026,788

     

     

    3,513,340

     

     

    3,389,248

     

     

     

     

     

     

     

     

     

     

    Commitments and contingencies

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Total stockholders' equity

     

     

    2,603,860

     

     

    2,488,353

     

     

    2,348,160

    Total liabilities and stockholders' equity

     

    $

    6,630,648

     

    $

    6,001,693

     

    $

    5,737,408

     
     
     
     

    Exhibit 4 

     

    Ulta Beauty, Inc.

    Condensed Consolidated Statements of Cash Flows

    (In thousands)
     

     

     

     

    26 Weeks Ended

     

     

    August 2,

     

    August 3,

     

     

    2025

     

    2024

     

     

    (Unaudited)

     

    (Unaudited)

    Operating activities

     

     

     

     

     

     

    Net income

     

    $

    565,927

     

     

    $

    565,669

     

    Adjustments to reconcile net income to net cash provided by operating activities:

     

     

     

     

     

     

    Depreciation and amortization

     

     

    143,198

     

     

     

    130,053

     

    Non-cash lease expense

     

     

    183,528

     

     

     

    163,481

     

    Deferred income taxes

     

     

    2,232

     

     

     

    2,540

     

    Stock-based compensation expense

     

     

    20,338

     

     

     

    19,272

     

    Loss on disposal of property and equipment

     

     

    4,689

     

     

     

    5,204

     

    Equity net loss of affiliate

     

     

    1,225

     

     

     

    —

     

    Change in operating assets and liabilities:

     

     

     

     

     

     

    Receivables

     

     

    (198

    )

     

     

    7,076

     

    Merchandise inventories

     

     

    (366,091

    )

     

     

    (256,150

    )

    Prepaid expenses and other current assets

     

     

    (21,657

    )

     

     

    (16,425

    )

    Income taxes

     

     

    (70,406

    )

     

     

    (60,666

    )

    Accounts payable

     

     

    98,115

     

     

     

    29,715

     

    Accrued liabilities

     

     

    (3,881

    )

     

     

    (33,634

    )

    Deferred revenue

     

     

    (44,418

    )

     

     

    (41,604

    )

    Operating lease liabilities

     

     

    (180,316

    )

     

     

    (170,779

    )

    Other assets and liabilities

     

     

    (15,742

    )

     

     

    15,127

     

    Net cash provided by operating activities

     

     

    316,543

     

     

     

    358,879

     

     

     

     

     

     

     

     

    Investing activities

     

     

     

     

     

     

    Capital expenditures

     

     

    (155,988

    )

     

     

    (186,301

    )

    Acquisitions, net of cash acquired

     

     

    (386,793

    )

     

     

    —

     

    Other investments

     

     

    (17,130

    )

     

     

    (5,091

    )

    Net cash used in investing activities

     

     

    (559,911

    )

     

     

    (191,392

    )

     

     

     

     

     

     

     

    Financing activities

     

     

     

     

     

     

    Borrowings from short-term debt

     

     

    593,641

     

     

     

    —

     

    Payments on short-term debt

     

     

    (333,100

    )

     

     

    —

     

    Repurchase of common shares

     

     

    (479,242

    )

     

     

    (501,768

    )

    Stock options exercised

     

     

    14,851

     

     

     

    9,196

     

    Purchase of treasury shares

     

     

    (13,238

    )

     

     

    (23,459

    )

    Debt issuance costs

     

     

    —

     

     

     

    (4,088

    )

    Net cash used in financing activities

     

     

    (217,088

    )

     

     

    (520,119

    )

     

     

     

     

     

     

     

    Net decrease in cash and cash equivalents

     

     

    (460,456

    )

     

     

    (352,632

    )

    Cash and cash equivalents at beginning of period

     

     

    703,201

     

     

     

    766,594

     

    Cash and cash equivalents at end of period

     

    $

    242,745

     

     

    $

    413,962

     
     
     
     

    Exhibit 5 

     

    Ulta Beauty, Inc.

    Store Update
     

     

     

     

    Total stores open

     

    Number of stores

     

    Number of stores

     

    Total stores

     

     

    at beginning of the

     

    opened during the

     

    closed during the

     

    open at end

    Fiscal 2025

     

    quarter

     

    quarter

     

    quarter

     

    of the quarter (1)

    1st Quarter

     

    1,445

     

    6

     

    0

     

    1,451

    2nd Quarter

     

    1,451

     

    24

     

    2

     

    1,473

    ________________________________ 

    (1) Excludes 83 stores in the U.K. and Ireland operated by Space NK as of the second quarter of fiscal 2025. 

     

     

     

     

     

     

     

     

     

     

     

     

     

    Gross square feet for

     

     

     

     

     

     

    Total gross square

     

    stores opened or

     

    Gross square feet for

     

    Total gross square

     

     

    feet at beginning of

     

    expanded during the

     

    stores closed

     

    feet at end of the

    Fiscal 2025

     

    the quarter

     

    quarter

     

    during the quarter

     

    quarter

    1st Quarter

     

    15,110,170

     

    53,037

     

    0

     

    15,163,207

    2nd Quarter

     

    15,163,207

     

    212,267

     

    21,926

     

    15,353,548

     
     
     
     

    Exhibit 6 

     

    Ulta Beauty, Inc.

    Sales by Category
     

     

    The following tables set forth the approximate percentage of net sales by primary category: 

     

     

     

    13 Weeks Ended

     

     

    August 2,

     

    August 3,

     

    2025 (1)

     

    2024

    Cosmetics

     

    38

    %

     

    39

    %

    Skincare and wellness

     

    25

    %

     

    24

    %

    Haircare

     

    19

    %

     

    20

    %

    Fragrance

     

    12

    %

     

    11

    %

    Services

     

    4

    %

     

    4

    %

    Other

     

    2

    %

     

    2

    %

     

     

    100

    %

     

    100

    %

     

     

    26 Weeks Ended

     

     

    August 2,

     

    August 3,

     

     

    2025 (1)

     

    2024

    Cosmetics

     

    39

    %

     

    40

    %

    Skincare and wellness

     

    25

    %

     

    24

    %

    Haircare

     

    19

    %

     

    19

    %

    Fragrance

     

    11

    %

     

    11

    %

    Services

     

    4

    %

     

    4

    %

    Other

     

    2

    %

     

    2

    %

     

     

    100

    %

     

    100

    %

    ________________________________  

    (1) Excludes the impact of Space NK net sales for the 13 and 26 weeks ended August 2, 2025. 

     
     

     

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250828660095/en/

    Investor Contact:

    Kiley Rawlins, CFA

    Senior Vice President, Investor Relations

    [email protected]

    Media Contact:

    Crystal Carroll

    Senior Director, Public Relations

    [email protected]

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