Ulta Beauty FY2025 SG&A expenses jump 17.4% to $3.3 billion; net sales rise 9.7% to $12.4 billion

Reuters03-27
Ulta Beauty FY2025 SG&A expenses jump 17.4% to $3.3 billion; net sales rise 9.7% to $12.4 billion
  • Ulta Beauty published its annual report on Form 10-K for the fiscal year ended Jan. 31, 2026.
  • Net sales rose 9.7% to USD 12.4 billion, driven by a 5.4% increase in comparable sales (3.3% higher average ticket and 2.0% higher transactions), the acquisition of Space NK, and sales from new stores.
  • Gross profit increased 10.4% to USD 4.8 billion, with gross margin rising 0.3 percentage points to 39.1% due to lower inventory shrink and higher merchandise margin, partially offset by adverse channel mix and deleverage of other revenue and store fixed expenses.
  • SG&A expenses increased 17.4% to USD 3.3 billion, reflecting higher incentive compensation, higher store payroll and benefits, higher corporate overhead tied to strategic investments, and higher store expenses.
  • Net income fell 4% to USD 1.2 billion, while net interest expense was USD 1,787 and equity net loss of affiliate was USD 3.86 million related to the joint venture in Mexico.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ulta Beauty Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-035243), on March 26, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment