The company said net sales rose 12.9% to $2.9 billion in Q3 (13 weeks), compared with $2.5 billion a year earlier, and comparable sales increased 6.3%. The company cited higher comparable sales, the acquisition of Space NK, and net new store contribution as the drivers of the increase.

1. 01

   The company said net sales rose 12.9% to $2.9 billion in Q3 (13 weeks), compared with $2.5 billion a year earlier, and comparable sales increased 6.3%. The company cited higher comparable sales, the acquisition of Space NK, and net new store contribution as the drivers of the increase.

2. 02

   Ulta Beauty said operating income for Q3 was $309.4 million, or 10.8% of net sales, lower than $318.5 million (12.6%) a year earlier. Net income was $230.9 million, and diluted earnings per share were $5.14, flat with the prior year.

3. 03

   The company said SG&A expenses for Q3 rose 23.3% to $840.9 million ($682.3 million a year earlier), or 29.4% of net sales (27.0% a year earlier). It cited higher incentive compensation, store payroll and benefits, and store expenses as the factors behind the increase.

4. 04

   Ulta Beauty said it revised its full-year net sales outlook to approximately $12.3 billion from $12.0 billion to $12.1 billion, and its diluted earnings per share outlook to $25.20 to $25.50 from $23.85 to $24.30.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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