Ulta Beauty — Dec 5, 2024 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001558370-24-016047
Showing in the filing
Net sales
“$11.0 billion to $11.2 billion”
Period
FY2024
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 11
Net sales for FY2024
“$11.0 billion to $11.2 billion”
Comparable sales for FY2024
“(2%) to 0%”
New stores, net for FY2024
“60-65”
Remodel and relocation projects for FY2024
“40-45”
Operating margin for FY2024
“12.7% to 13.0%”
Diluted earnings per share for FY2024
“$22.60 to $23.50”
Share repurchases for FY2024
“approximately $1 billion”
Interest income for FY2024
“$13 million to $14 million”
Effective tax rate for FY2024
“approximately 24%”
Capital expenditures for FY2024
“$400 million to $450 million”
Depreciation and amortization expense for FY2024
“$265 million to $270 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
At the end of the third quarter of fiscal 2024, the Company operated 1,437 stores totaling 15.0 million square feet. Fiscal 2024 Outlook For fiscal 2024, the Company plans to: Prior FY24 Outlook Updated FY24 Outlook Net sales $11.0 billion to $11.2 billion $11.1 billion to $11.2 billion Comparable sales (2%) to 0% (1%) to 0% New stores, net 60-65 no change Remodel and relocation projects 40-45 no change Operating margin 12.7% to 13.0% 12.9% to 13.1% Diluted earnings per share $22.60 to $23.50 $23.20 to $23.75 Share repurchases approximately $1 billion no change Interest income approximately $13 million $13 million to $14 million Effective tax rate approximately 24% no change Capital expenditures $400 million to $450 million $400 million to $425 million Depreciation and amortization expense $265 million to $270 million no change Conference Call Information A conference call to discuss third quarter of fiscal 2024 results is scheduled for today, December 5, 2024 at 4:30 p.m. ET / 3:30 p.m. CT. Investors and analysts who are interested in participating in the call are invited to dial (877) 704-4453. Participants may also listen to a real-time audio webcast of the conference call by visiting the Investor Relations section of the Company’s website located at https://www.ulta.com/investor. A replay will be made available online approximately two hours following the live cal
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.