Ulta Beauty Inc
ULTA
Market Cap$22.15B
Close$
Earnings Call Q2 2025
August 28, 2025 - AI Summary
Strong Sales Performance: Ulta Beauty reported a 9.3% year-over-year increase in net sales to $2.8 billion for Q2 2025, driven by a 6.7% increase in comparable sales, reflecting positive growth in all major categories and both store and digital channels. This was fueled by successful promotional events and improved in-store execution.
Profit Margins and Cost Management: Operating profit was 12.4% of sales, a slight decrease from 12.9% last year. Gross margin increased 90 basis points to 39.2%, primarily due to lower inventory shrink and improved merchandise margin, although supply chain costs and SG&A expenses rose, reflecting investments for growth and higher incentive compensation.
Outlook for H2 2025: The company cautiously raised its full-year sales expectations to $12 billion - $12.1 billion, with comp sales growth forecasted between 2.5% and 3.5%. The guidance reflects a cautious approach to consumer spending, expecting flat to low single-digit growth in the second half, as they navigate a dynamic macroeconomic environment.
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$788.41
48.9% upside
Current Fair Value
48.9% upsideUndervalued by 48.9% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $22.15 Billion |
|---|---|
| Enterprise Value | $24.26 Billion |
| Dividend Yield | $- (-) |
| Earnings per Share | $25.44 |
| Beta | 1.12 |
| Outstanding Shares | 45,362,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 18.73 |
|---|---|
| PEG | -727.7 |
| Price to Sales | 2.11 |
| Price to Book Ratio | 9.99 |
| Enterprise Value to Revenue | 2.12 |
| Enterprise Value to EBIT | 15.43 |
| Enterprise Value to Net Income | 20 |
| Total Debt to Enterprise | 0.11 |
| Debt to Equity | 1.06 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Ulta Beauty Inc
24,200 employees
CEO: Mary Dillon Ulta Beauty is the largest U.S. beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care products and salon services. Since 1990, the Company has brought together all things beauty, all i...