Ulta Beauty — Mar 13, 2025 release

At the end of the fourth quarter of fiscal 2024, the Company operated 1,445 stores totaling 15.1 million square feet. ​ Fiscal 2025 Outlook For fiscal 2025, the Company plans to: ​ ​ ​ ​ ​ ​ ​ ​ FY25 Outlook Net sales ​ ​ $11.5 billion to $11.6 billion Comparable sales ​ ​ 0% to 1% New stores, net ​ ​ approximately 60 Remodel and relocation projects ​ ​ 40-45 Operating margin ​ ​ 11.7% to 11.8% Diluted earnings per share ​ ​ $22.50 to $22.90 Share repurchases ​ ​ approximately $900 million Interest income ​ ​ approximately $6 million Effective tax rate ​ ​ approximately 24.5% Capital expenditures ​ ​ $425 million to $500 million Depreciation and amortization expense ​ ​ $290 million to $300 million ​ Conference Call Information ​ A conference call to discuss fourth quarter of fiscal 2024 results is scheduled for today, March 13, 2025 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 call for a period of 30 days. About Ulta Beauty At Ulta Beauty (NASDAQ: ULTA), the possibilities are beautiful. Ulta Beauty is the largest specialty U.S. beauty retailer and the premier beauty destination for cosmetics, fragrance, skin care products, hair care