Earnings release
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August 25 , 2021 Ulta Beauty Announces Record Second Quarter Results Net Sales of $ 2.0 Billion Compared to $ 1.2 Billion in the Year - Ago Quarter Comparable Sales Increased 56.3 % Net Income of $ 250.9 Million or $ 4.56 Per Diluted Share BOLINGBROOK , III .-- ( BUSINESS WIRE ) -- Ulta Beauty , Inc. ( NASDAQ : ULTA ) today announced financial results for the thirteen - week period ( " second quarter " ) and twenty - six week period ( " first six months ” ) ended July 31 , 2021 compared to the same periods ended August 1 , 2020 . ( Dollars in millions ) Net sales Comparable sales Gross profit ( as a percentage of net sales ) Selling , general and administrative expenses Operating income ( as a percentage of net sales ) Diluted earnings per share New store openings , net ULTA BEAUTY $ 13 Weeks Ended July 31 , 2021 August 1 , August 3 , 2020 2019 1,967.2 $ 56.3 % 40.6 % 464.3 $ 16.9 % 4.56 $ 6 1,228.0 $ ( 26.7 ) % 26.8 % 271.6 $ 1.1 % 0.14 $ 1,666.6 6.2 % 36.4 % 392.8 12.5 % 2.76 17 " The Ulta Beauty team delivered strong results for the second quarter . This performance reflects the recovery of the beauty category , investments and choices we've made over the last year to adapt to the market disruption and strengthen our leadership position , and the ongoing efforts of our associates to deliver great experiences for our guests , " said Dave Kimbell , chief executive officer . “ Our value proposition is strong , and we are evolving and innovating to lead in the new beauty landscape , capture additional market share , and drive profitable growth . " For the Second Quarter of Fiscal 2021 • Net sales increased 60.2 % to $ 2.0 billion compared to $ 1.2 billion in the second quarter of fiscal 2020 due to the favorable impact from stronger consumer confidence and fewer COVID - 19 restrictions , compared to the second quarter of fiscal 2020 . • Comparable sales ( sales for stores open at least 14 months , including stores temporarily closed due to COVID - 19 , and e - commerce sales ) increased 56.3 %