Ulta Beauty Inc
NASDAQ:ULTA
Income Statement
Earnings Waterfall
Ulta Beauty Inc
Revenue
|
11.2B
USD
|
Cost of Revenue
|
-6.8B
USD
|
Gross Profit
|
4.4B
USD
|
Operating Expenses
|
-2.7B
USD
|
Operating Income
|
1.7B
USD
|
Other Expenses
|
-387m
USD
|
Net Income
|
1.3B
USD
|
Income Statement
Ulta Beauty Inc
Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Jan-2015 | May-2015 | Aug-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Oct-2020 | Jan-2021 | May-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Feb-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 671
N/A
|
2 802
+5%
|
2 935
+5%
|
3 062
+4%
|
3 241
+6%
|
3 396
+5%
|
3 538
+4%
|
3 703
+5%
|
3 924
+6%
|
4 130
+5%
|
4 322
+5%
|
4 542
+5%
|
4 855
+7%
|
5 096
+5%
|
5 317
+4%
|
5 528
+4%
|
5 885
+6%
|
6 113
+4%
|
6 312
+3%
|
6 530
+3%
|
6 717
+3%
|
6 916
+3%
|
7 094
+3%
|
7 217
+2%
|
7 398
+3%
|
6 828
-8%
|
6 390
-6%
|
6 259
-2%
|
6 152
-2%
|
6 917
+12%
|
7 656
+11%
|
8 100
+6%
|
8 631
+7%
|
9 038
+5%
|
9 368
+4%
|
9 711
+4%
|
10 209
+5%
|
10 497
+3%
|
10 730
+2%
|
10 880
+1%
|
11 207
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 729)
|
(1 818)
|
(1 904)
|
(1 981)
|
(2 105)
|
(2 202)
|
(2 297)
|
(2 408)
|
(2 540)
|
(2 658)
|
(2 772)
|
(2 901)
|
(3 108)
|
(3 263)
|
(3 399)
|
(3 544)
|
(3 788)
|
(3 932)
|
(4 064)
|
(4 203)
|
(4 307)
|
(4 423)
|
(4 531)
|
(4 602)
|
(4 717)
|
(4 488)
|
(4 327)
|
(4 274)
|
(4 203)
|
(4 518)
|
(4 788)
|
(4 988)
|
(5 262)
|
(5 483)
|
(5 682)
|
(5 852)
|
(6 164)
|
(6 339)
|
(6 506)
|
(6 627)
|
(6 826)
|
|
Gross Profit |
941
N/A
|
983
+4%
|
1 031
+5%
|
1 081
+5%
|
1 137
+5%
|
1 194
+5%
|
1 241
+4%
|
1 295
+4%
|
1 384
+7%
|
1 472
+6%
|
1 550
+5%
|
1 641
+6%
|
1 747
+6%
|
1 833
+5%
|
1 917
+5%
|
1 983
+3%
|
2 097
+6%
|
2 181
+4%
|
2 248
+3%
|
2 327
+4%
|
2 409
+4%
|
2 494
+4%
|
2 564
+3%
|
2 615
+2%
|
2 681
+3%
|
2 340
-13%
|
2 063
-12%
|
1 985
-4%
|
1 949
-2%
|
2 399
+23%
|
2 868
+20%
|
3 112
+9%
|
3 369
+8%
|
3 556
+6%
|
3 686
+4%
|
3 859
+5%
|
4 045
+5%
|
4 158
+3%
|
4 224
+2%
|
4 253
+1%
|
4 381
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(614)
|
(643)
|
(665)
|
(694)
|
(726)
|
(757)
|
(784)
|
(821)
|
(878)
|
(926)
|
(979)
|
(1 041)
|
(1 092)
|
(1 137)
|
(1 185)
|
(1 228)
|
(1 311)
|
(1 375)
|
(1 427)
|
(1 500)
|
(1 556)
|
(1 612)
|
(1 668)
|
(1 720)
|
(1 780)
|
(1 758)
|
(1 636)
|
(1 601)
|
(1 598)
|
(1 756)
|
(1 851)
|
(1 936)
|
(2 071)
|
(2 126)
|
(2 197)
|
(2 293)
|
(2 406)
|
(2 515)
|
(2 581)
|
(2 645)
|
(2 703)
|
|
Selling, General & Administrative |
(614)
|
(643)
|
(665)
|
(694)
|
(726)
|
(757)
|
(784)
|
(821)
|
(878)
|
(926)
|
(979)
|
(1 041)
|
(1 092)
|
(1 137)
|
(1 185)
|
(1 228)
|
(1 312)
|
(1 375)
|
(1 427)
|
(1 500)
|
(1 555)
|
(1 612)
|
(1 668)
|
(1 721)
|
(1 780)
|
(1 758)
|
(1 636)
|
(1 601)
|
(1 598)
|
(1 661)
|
(1 851)
|
(1 936)
|
(2 071)
|
(2 126)
|
(2 197)
|
(2 293)
|
(2 406)
|
(2 515)
|
(2 581)
|
(2 645)
|
(2 703)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(95)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
328
N/A
|
341
+4%
|
366
+7%
|
387
+6%
|
410
+6%
|
437
+7%
|
458
+5%
|
474
+4%
|
506
+7%
|
546
+8%
|
571
+5%
|
600
+5%
|
655
+9%
|
696
+6%
|
732
+5%
|
755
+3%
|
785
+4%
|
807
+3%
|
821
+2%
|
827
+1%
|
854
+3%
|
882
+3%
|
896
+2%
|
895
0%
|
901
+1%
|
582
-35%
|
427
-27%
|
384
-10%
|
351
-9%
|
644
+83%
|
1 017
+58%
|
1 177
+16%
|
1 297
+10%
|
1 430
+10%
|
1 489
+4%
|
1 567
+5%
|
1 639
+5%
|
1 643
+0%
|
1 643
+0%
|
1 609
-2%
|
1 678
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
3
|
3
|
4
|
5
|
6
|
6
|
6
|
5
|
2
|
(3)
|
(5)
|
(6)
|
(5)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
5
|
13
|
17
|
19
|
18
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
(60)
|
(84)
|
(114)
|
0
|
(54)
|
(30)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
328
N/A
|
341
+4%
|
366
+7%
|
388
+6%
|
411
+6%
|
438
+7%
|
459
+5%
|
475
+4%
|
507
+7%
|
547
+8%
|
572
+5%
|
601
+5%
|
656
+9%
|
697
+6%
|
733
+5%
|
756
+3%
|
787
+4%
|
809
+3%
|
824
+2%
|
832
+1%
|
859
+3%
|
888
+3%
|
902
+2%
|
901
0%
|
906
+1%
|
564
-38%
|
364
-35%
|
295
-19%
|
231
-22%
|
639
+177%
|
961
+50%
|
1 145
+19%
|
1 296
+13%
|
1 428
+10%
|
1 488
+4%
|
1 567
+5%
|
1 644
+5%
|
1 656
+1%
|
1 660
+0%
|
1 627
-2%
|
1 696
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(125)
|
(130)
|
(140)
|
(147)
|
(154)
|
(164)
|
(171)
|
(176)
|
(187)
|
(202)
|
(211)
|
(224)
|
(246)
|
(251)
|
(263)
|
(269)
|
(193)
|
(180)
|
(160)
|
(141)
|
(201)
|
(201)
|
(203)
|
(203)
|
(200)
|
(129)
|
(82)
|
(69)
|
(55)
|
(154)
|
(233)
|
(277)
|
(310)
|
(341)
|
(356)
|
(376)
|
(401)
|
(398)
|
(398)
|
(390)
|
(405)
|
|
Income from Continuing Operations |
203
|
211
|
227
|
241
|
257
|
274
|
288
|
300
|
320
|
345
|
361
|
377
|
410
|
446
|
470
|
487
|
594
|
630
|
664
|
690
|
659
|
686
|
699
|
698
|
706
|
435
|
282
|
227
|
176
|
485
|
728
|
868
|
986
|
1 087
|
1 132
|
1 191
|
1 242
|
1 258
|
1 263
|
1 238
|
1 291
|
|
Net Income (Common) |
203
N/A
|
211
+4%
|
227
+8%
|
241
+6%
|
257
+7%
|
274
+7%
|
288
+5%
|
300
+4%
|
320
+7%
|
345
+8%
|
361
+5%
|
377
+5%
|
410
+9%
|
446
+9%
|
470
+5%
|
487
+4%
|
555
+14%
|
591
+7%
|
626
+6%
|
652
+4%
|
659
+1%
|
686
+4%
|
699
+2%
|
698
0%
|
706
+1%
|
435
-38%
|
282
-35%
|
227
-19%
|
176
-23%
|
485
+175%
|
728
+50%
|
868
+19%
|
986
+14%
|
1 087
+10%
|
1 132
+4%
|
1 191
+5%
|
1 242
+4%
|
1 258
+1%
|
1 263
+0%
|
1 238
-2%
|
1 291
+4%
|