Earnings release
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December 2 , 2021 ULTA B E AU ΤΥ Ulta Beauty Announces Record Third Quarter Fiscal 2021 Results Net Sales of $ 2.0 Billion Compared to $ 1.6 Billion in the Year - Ago Quarter Comparable Sales Increased 25.8 % Net Income of $ 215.3 Million or $ 3.94 Per Diluted Share Company Raises Full Year Guidance BOLINGBROOK , III .-- ( BUSINESS WIRE ) -- Ulta Beauty , Inc. ( NASDAQ : ULTA ) today announced financial results for the thirteen - week period ( " third quarter " ) and thirty - nine - week period ( " first nine months " ) ended October 30 , 2021 compared to the same periods ended October 31 , 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 13 Weeks Ended October October November 30 , 31 , 2 , 2021 2020 2019 $ 1,995.8 $ 1,552.0 $ 1,682.5 ( 8.9 ) % 35.1 % $ 503.4 $ 416.4 25.8 % 39.6 % 3.2 % 37.1 % $ 449.2 14.2 % 6.5 % $ 3.94 $ 1.32 $ ( 2 ) 6 10.0 % 2.25 28 " The Ulta Beauty team delivered outstanding results again this quarter . For the third quarter , we delivered record sales and earnings , increased our market share , and expanded our Ultamate Rewards loyalty program to nearly 36 million members , " said Dave Kimbell , chief executive officer . " This strong third quarter performance reflects the strength and resiliency of the Beauty category , the power of the Ulta Beauty differentiated model , and the impact of our winning culture and team . I want to express my sincere appreciation to all of our Ulta Beauty associates for their incredible efforts to serve our guests and deliver these excellent results . " For the Third Quarter of Fiscal 2021 • Net sales increased 28.6 % to $ 2.0 billion compared to $ 1.6 billion in the third quarter of fiscal 2020 due to the favorable impact from stronger consumer confidence and fewer COVID - 19 restrictions compared to the third quarter of fiscal 2020 .