Stock Analysis on Net

Ulta Beauty Inc. (NASDAQ:ULTA)

This company has been moved to the archive! The financial data has not been updated since August 24, 2023.

Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Ulta Beauty Inc., consolidated income statement (quarterly data)

US$ in thousands

Microsoft Excel
3 months ended: Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
Net sales 2,529,809 2,634,263 3,226,773 2,338,793 2,297,113 2,345,901 2,729,388 1,995,775 1,967,207 1,938,519 2,198,701 1,552,033 1,228,009 1,173,210 2,305,918 1,682,514 1,666,607 1,743,029 2,124,716 1,560,011 1,488,221 1,543,667 1,937,592 1,342,181 1,289,854 1,314,879
Cost of sales (1,536,197) (1,579,406) (2,014,270) (1,375,976) (1,368,949) (1,404,875) (1,702,059) (1,206,301) (1,169,244) (1,184,731) (1,427,673) (1,006,514) (899,002) (869,605) (1,499,033) (1,059,081) (1,060,708) (1,098,182) (1,383,857) (987,733) (952,760) (982,954) (1,279,245) (849,053) (820,528) (838,871)
Gross profit 993,612 1,054,857 1,212,503 962,817 928,164 941,026 1,027,329 789,474 797,963 753,788 771,028 545,519 329,007 303,605 806,885 623,433 605,899 644,847 740,859 572,278 535,461 560,713 658,347 493,128 469,326 476,008
Selling, general and administrative expenses (600,692) (612,129) (762,706) (597,164) (534,459) (500,970) (649,968) (503,403) (464,299) (443,875) (514,140) (416,378) (271,587) (380,912) (515,542) (449,198) (392,843) (403,133) (457,245) (395,453) (337,142) (345,624) (399,631) (320,729) (283,427) (283,445)
Impairment, restructuring and other costs (30,398) (23,624) (40,758) (19,542)
Pre-opening expenses (1,278) (658) (2,179) (3,797) (2,277) (2,348) (1,739) (1,832) (1,357) (4,589) (2,218) (4,240) (3,907) (4,635) (3,587) (6,455) (5,038) (4,174) (2,404) (7,612) (4,504) (5,247) (4,297) (9,732) (6,099) (4,158)
Operating income (loss) 391,642 442,070 447,618 361,856 391,428 437,708 375,622 284,239 332,307 305,324 224,272 101,277 12,755 (101,484) 287,756 167,780 208,018 237,540 281,210 169,213 193,815 209,842 254,419 162,667 179,800 188,405
Interest income (expense), net 4,449 7,348 4,378 849 108 (401) (467) (413) (425) (358) (463) (1,383) (2,617) (1,272) 439 900 1,671 2,046 1,275 1,318 1,143 1,325 359 316 555 338
Income (loss) before income taxes 396,091 449,418 451,996 362,705 391,536 437,307 375,155 283,826 331,882 304,966 223,809 99,894 10,138 (102,756) 288,195 168,680 209,689 239,586 282,485 170,531 194,958 211,167 254,778 162,983 180,355 188,743
Income tax (expense) benefit (95,989) (102,367) (111,245) (88,120) (95,859) (105,912) (85,789) (68,537) (80,989) (74,677) (52,315) (25,096) (2,086) 24,247 (65,476) (38,933) (48,431) (47,365) (67,811) (39,365) (46,635) (46,771) (46,605) (58,338) (66,162) (60,520)
Net income (loss) 300,102 347,051 340,751 274,585 295,677 331,395 289,366 215,289 250,893 230,289 171,494 74,798 8,052 (78,509) 222,719 129,747 161,258 192,221 214,674 131,166 148,323 164,396 208,173 104,645 114,193 128,223

Based on: 10-Q (reporting date: 2023-07-29), 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

Income statement item Description The company
Net sales Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Ulta Beauty Inc. net sales decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Ulta Beauty Inc. operating income (loss) decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Ulta Beauty Inc. income (loss) before income taxes decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Ulta Beauty Inc. net income (loss) increased from Q4 2023 to Q1 2024 but then decreased significantly from Q1 2024 to Q2 2024.