Financial News

Net Sales Increase 1.7% for Ulta Beauty in Q3 2024

The marginal increase is primarily due to new store contribution, partially offset by a decline in other revenue.

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By: Lianna Albrizio

Associate Editor

Net sales for Ulta Beauty in Q3 2024 increased 1.7% to $2.53 billion compared to $2.49 billion the prior-year quarter. Company officials attribute the increase to new store contribution, partially offset by a decline in other revenue. Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 0.6% compared to an increase of 4.5%, driven by a 0.5% increase in transactions and a 0.1% increase in average ticket. Gross profit was $1.0 billion compared to $992.1 ...

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