Exhibit 99.1 ULTA BEAUTY ANNOUNCES SECOND QUARTER FISCAL 2026 RESULTS AND RAISES
Exhibit 99.1 ULTA BEAUTY ANNOUNCES SECOND QUARTER FISCAL 2026 RESULTS AND RAISES FISCAL 2026 GUIDANCE
Stock repurchase plan for fiscal 2026 increased to $1.8 billion from $1.5 ● billion
Bolingbrook, IL – August 27, 2026 – Ulta Beauty, Inc. (NASDAQ: ULTA) today announced consolidated financial results for the thirteen-week period (“second quarter”) ended August 1, 2026, compared to the same period ended August 2, 2025 .
“Our team delivered another impressive quarter of strong sales, profit, and earnings growth, demonstrating that we are executing with discipline and translating our Ulta Beauty Unleashed strategy into tangible benefits for our guests,” said Kecia Steelman, president and chief executive officer. “We continue to strengthen our position as the ultimate beauty discovery destination, leveraging our unique understanding of our guests to drive excitement and growth through compelling innovation, value, experiences, and convenience.” Steelman continued, “With our strong first-half performance, we have raised our financial guidance for the year, reflecting our confidence in our strategic priorities and our ability to drive profitable growth and long- term value for all stakeholders in a dynamic environment." Second Quarter of Fiscal 2026 Compared to Second Quarter of Fiscal 2025
● Net sales increased 8.9% to $3.0 billion, primarily due to increased comparable sales, the acquisition of Space NK, and sales from new stores.
Gross profit increased 8.7% to $1.2 billion. As a percentage of net ● sales, gross profit decreased to 39.1% compared to 39.2%, primarily due to the impact of the Space NK business mix.
Selling, general and administrative (SG&A) expenses increased 8.2% to ● $802.8 million, primarily due to the acquisition of Space NK. As a percentage of net sales, SG&A expenses decreased to 26.4% compared to 26.6%.
● Operating income increased 10.1% to $379.6 million. As a percentage of net sales, operating income was 12.5% compared to 12.4%.
Balance Sheet and Capital Deployment Cash and cash equivalents at the end of the second quarter of fiscal 2026 were $158.5 million. Short-term investments at the end of the second quarter of fiscal 2026 were $55.0 million. Short-term debt at the end of the second quarter of fiscal 2026 was $339.6 million, primarily to support working capital needs and ongoing capital allocation priorities, including share repurchases. Merchandise inventories, net at the end of the second quarter of fiscal 2026 were $2.4 billion,remaining flat compared to the prior year primarily due to improved inventory management, partially offset by inventory to support new brand launches and the addition of new stores. During the first six months of fiscal 2026, the Company invested $139.5 million in capital expenditures to support new stores, relocations, remodels, and investments in information technology. Stock repurchases are a core part of the Company’s capital allocation strategy. During the first six months of fiscal 2026, the Company repurchased 1.4 million sharesof its common stock at a cost of $791.1 m illion, excluding excise taxes.As ofAugust 1, 2026, $1.0 billion remained available under the current $3.0 billion share repurchase program announced in October 2024. The Company now expects to utilize the remaining $1.0 billion available under the current share repurchase authorization by the end of fiscal 2026. Fiscal 2026 Outlook Based on current estimates, the Company has updated its outlook for fiscal 2026:
Prior Fiscal 2026 Updated Fiscal 2026 Outlook Outlook Net sales growth 6% to 7% 6.7% to 7.2% Comparable sales 2.5% to 3.5% 3.2% to 3.7% growth Operating income 6.5% to 9% 8.3% to 9.3% growth Diluted earnings per $28.36 to $28.80 $28.70 to $29.00 share Capital expenditures $400 million to $450 no change million
A conference call to discuss second quarter of fiscal 2026 results is scheduled for today, August 27, 2026, at 4:30 p.m. Eastern Time / 3:30 p.m. Central Time. During the conference call, a related presentation will be webcast live. Investors and analysts who are interested in participating in the call are invited to register for the live event at https://q2-2026-ulta-beauty-earnings- conference-call.open-exchange.net/.
A copy of the presentation and a replay of the webcast will be available and archived for a limited time on the company's Investor Relations website at https://www.ulta.com/investor.
Ulta Beauty (NASDAQ: ULTA) is the largest specialty beauty retailer in the U.S. and a leading destination for cosmetics, fragrance, skin care, hair care, wellness, and salon services. Since opening its first store in 1990, Ulta Beauty has grown to more than 1,500 stores across the U.S. and redefined beauty retail by bringing together All Things Beauty. All in One Place. With an expansive product assortment, professional salon services, and its beloved Ulta Beauty Rewards loyalty program, the company delivers seamless, personalized experiences across stores, Ulta.com, and the Ulta Beauty App – where the possibilities are truly beautiful. Ulta Beauty is also expanding its presence internationally through its subsidiary, Space NK, a luxury beauty retailer operating in the U.K. and Ireland, its joint venture in Mexico, and its franchise in the Middle East. For more information, visit www.ulta.com.
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, which reflect our current views with respect to, among other things, future events and financial performance. These forward-looking statements are included throughout this press release, and relate to matters such as our industry, business strategy, goals, and expectations concerning our market position, future operations, margins, profitability, capital expenditures, liquidity, share repurchases, and capital resources and other financial and operating information. You can identify these forward-looking statements by the use of forward-looking words such as “outlook,” “believes,” “expects,” “plans,” “estimates,” “targets,” “strategies,” or other comparable words.
Any forward-looking statements contained in this press release are based upon our historical performance and on current plans, estimates, and expectations. The inclusion of this forward-looking information should not be regarded as a representation by us or any other person that the future plans, estimates, targets, strategies, or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict or quantify. Our expectations, beliefs, and projections are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that our expectations, beliefs, and projections will result or be achieved. Actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory, and other factors, many of which are beyond our control. We believe that these factors include but are not limited to those described under Item 1A, “Risk Factors,” of our Annual Report on Form 10-K for the year ended January 31, 2026, as such risk factors may be updated from time to time in our periodic filings with the U.S. Securities and Exchange Commission (“SEC”), and are accessible on the SEC's website at www.sec.gov.
Any forward-looking statements made by us in this press release speak only as of the date of this press release and are expressly qualified in their entirety by the cautionary statements included in this press release. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We may not actually achieve the plans, intentions, or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. Our forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures, investments, or other strategic transactions we may make. Except to the extent required by the
federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Exhibit 1 Ulta Beauty, Inc. Consolidated Statements of Income (In thousands, except per share data)
Exhibit 2 Ulta Beauty, Inc. Consolidated Statements of Income (In thousands, except per share data)
Exhibit 3 Ulta Beauty, Inc. Condensed Consolidated Balance Sheets (In thousands)
Exhibit 4 Ulta Beauty, Inc. Condensed Consolidated Statements of Cash Flows (In thousands)
26 Weeks Ended August 1, August 2, 2026 2025 (Unaudited) (Unaudited) Operating activities ────────────────────────────────────────────────────────────────────────────── Net income $ 622,475 $ 565,927 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and 162,724 143,198 amortization Non-cash lease 178,326 183,528 expense Deferred income taxes 1,524 2,232 Stock-based 21,063 20,338 compensation expense Loss on disposal of property and 8,404 4,689 equipment Equity net loss of 3,652 1,225 affiliate Change in operating assets and liabilities: Receivables 47,127 -198 Merchandise -226,791 -366,091 inventories Prepaid expenses and other current 5,645 -21,657 assets Income taxes -68,104 -70,406 Accounts payable -47,328 98,115 Accrued liabilities -120,902 -3,881 Deferred revenue -39,821 -44,418 Operating lease -178,756 -180,316 liabilities Other assets and 12,352 -15,742 liabilities Net cash provided by operating 381,590 316,543 activities Investing activities Proceeds from short-term 15,000 — investments Capital expenditures -139,534 -155,988 Acquisitions, net of — -386,793 cash acquired Other investments -9,446 -17,130 Net cash used in -133,980 -559,911 investing activities Financing activities Borrowings from 1,358,274 593,641 short-term debt Payments on -1,080,032 -333,100 short-term debt Repurchase of common -793,183 -479,242 shares Stock options 12,904 14,851 exercised Purchase of treasury -10,876 -13,238 shares Net cash used in -512,913 -217,088 financing activities Effect of exchange rate changes on cash -489 — and cash equivalents Net decrease in cash and cash -265,792 -460,456 equivalents Cash and cash equivalents at 424,243 703,201 beginning of period Cash and cash equivalents at end of $ 158,451 $ 242,745 period
Exhibit 5 Ulta Beauty, Inc. Store Update (Company-Operated) The following table presents store activities during the second quarter of fiscal 2026:
United States International Total Opened 14 1 15 Closed 1 — 1 Net 13 1 14 Relocated 2 1 3 Remodeled 7 — 7
The following table presents store activities during the first six months of fiscal 2026:
United States International Total Opened 32 2 34 Closed 3 — 3 Net 29 2 31 Relocated 3 2 5 Remodeled 7 — 7
The following table presents the number of stores owned (total gross square footage of 16.1 million) at the end of the second quarter of fiscal 2026:
Exhibit 6 Ulta Beauty, Inc. Consolidated Sales by Category The following tables set forth the approximate percentage of net sales by primary category:
Full text with the tables
Exhibit 99.1 ULTA BEAUTY ANNOUNCES SECOND QUARTER FISCAL 2026 RESULTS AND RAISES
FISCAL 2026 GUIDANCE
● Net sales increased 8.9%
● Comparable sales increased 3.8%
● Operating income increased 10.1%
● Diluted EPS increased 13.3% to $6.55
Stock repurchase plan for fiscal 2026 increased to $1.8 billion from $1.5
● billion
Bolingbrook, IL – August 27, 2026 – Ulta Beauty, Inc. (NASDAQ: ULTA) today
announced consolidated financial results for the thirteen-week period (“second
quarter”) ended August 1, 2026, compared to the same period ended August 2, 2025
.
(Dollars in millions,
except per share data) 13 Weeks Ended
Net sales August 1, August 2,
Comparable sales 2026 3,035.7 2025 2,788.5
Gross profit (as a 3.8% 6.7%
percentage of net sales) 39.1% 39.2%
──────────────────────────────────────────────────────────────────────────────
Selling, general and
administrative $ 802.8 $ 741.7
expenses
Operating income growth 10.1% 4.8%
Diluted earnings per share $ 6.55 $ 5.78
“Our team delivered another impressive quarter of strong sales, profit, and
earnings growth, demonstrating that we are executing with discipline and
translating our Ulta Beauty Unleashed strategy into tangible benefits for our
guests,” said Kecia Steelman, president and chief executive officer. “We
continue to strengthen our position as the ultimate beauty discovery
destination, leveraging our unique understanding of our guests to drive
excitement and growth through compelling innovation, value, experiences, and
convenience.” Steelman continued, “With our strong first-half performance, we
have raised our financial guidance for the year, reflecting our confidence in
our strategic priorities and our ability to drive profitable growth and long-
term value for all stakeholders in a dynamic environment." Second Quarter of
Fiscal 2026 Compared to Second Quarter of Fiscal 2025
● Net sales increased 8.9% to $3.0 billion, primarily due to increased
comparable sales, the acquisition of Space NK, and sales from new stores.
● Comparable sales increased 3.8%.
Gross profit increased 8.7% to $1.2 billion. As a percentage of net
● sales, gross profit decreased to 39.1% compared to 39.2%, primarily due
to the impact of the Space NK business mix.
Selling, general and administrative (SG&A) expenses increased 8.2% to
● $802.8 million, primarily due to the acquisition of Space NK. As a
percentage of net sales, SG&A expenses decreased to 26.4% compared to
26.6%.
● Operating income increased 10.1% to $379.6 million. As a percentage of
net sales, operating income was 12.5% compared to 12.4%.
● Diluted earnings per share increased 13.3% to $6.55.
Balance Sheet and Capital Deployment Cash and cash equivalents at the end of the
second quarter of fiscal 2026 were $158.5 million. Short-term investments at the
end of the second quarter of fiscal 2026 were $55.0 million. Short-term debt at
the end of the second quarter of fiscal 2026 was $339.6 million, primarily to
support working capital needs and ongoing capital allocation priorities,
including share repurchases. Merchandise inventories, net at the end of the
second quarter of fiscal 2026 were $2.4 billion,remaining flat compared to the
prior year primarily due to improved inventory management, partially offset by
inventory to support new brand launches and the addition of new stores. During
the first six months of fiscal 2026, the Company invested $139.5 million in
capital expenditures to support new stores, relocations, remodels, and
investments in information technology. Stock repurchases are a core part of the
Company’s capital allocation strategy. During the first six months of fiscal
2026, the Company repurchased 1.4 million sharesof its common stock at a cost of
$791.1 m illion, excluding excise taxes.As ofAugust 1, 2026, $1.0 billion
remained available under the current $3.0 billion share repurchase program
announced in October 2024. The Company now expects to utilize the remaining $1.0
billion available under the current share repurchase authorization by the end of
fiscal 2026. Fiscal 2026 Outlook Based on current estimates, the Company has
updated its outlook for fiscal 2026:
Prior Fiscal 2026 Updated Fiscal 2026
Outlook Outlook
Net sales growth 6% to 7% 6.7% to 7.2%
Comparable sales 2.5% to 3.5% 3.2% to 3.7%
growth
Operating income 6.5% to 9% 8.3% to 9.3%
growth
Diluted earnings per $28.36 to $28.80 $28.70 to $29.00
share
Capital expenditures $400 million to $450 no change
million
Conference Call Information
A conference call to discuss second quarter of fiscal 2026 results is scheduled
for today, August 27, 2026, at 4:30 p.m. Eastern Time / 3:30 p.m. Central Time.
During the conference call, a related presentation will be webcast live.
Investors and analysts who are interested in participating in the call are
invited to register for the live event at https://q2-2026-ulta-beauty-earnings-
conference-call.open-exchange.net/.
A copy of the presentation and a replay of the webcast will be available and
archived for a limited time on the company's Investor Relations website at
https://www.ulta.com/investor.
About Ulta Beauty
Ulta Beauty (NASDAQ: ULTA) is the largest specialty beauty retailer in the U.S.
and a leading destination for cosmetics, fragrance, skin care, hair care,
wellness, and salon services. Since opening its first store in 1990, Ulta Beauty
has grown to more than 1,500 stores across the U.S. and redefined beauty retail
by bringing together All Things Beauty. All in One Place. With an expansive
product assortment, professional salon services, and its beloved Ulta Beauty
Rewards loyalty program, the company delivers seamless, personalized experiences
across stores, Ulta.com, and the Ulta Beauty App – where the possibilities are
truly beautiful. Ulta Beauty is also expanding its presence internationally
through its subsidiary, Space NK, a luxury beauty retailer operating in the U.K.
and Ireland, its joint venture in Mexico, and its franchise in the Middle East.
For more information, visit www.ulta.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended, and the safe
harbor provisions of the Private Securities Litigation Reform Act of 1995, which
reflect our current views with respect to, among other things, future events and
financial performance. These forward-looking statements are included throughout
this press release, and relate to matters such as our industry, business
strategy, goals, and expectations concerning our market position, future
operations, margins, profitability, capital expenditures, liquidity, share
repurchases, and capital resources and other financial and operating
information. You can identify these forward-looking statements by the use of
forward-looking words such as “outlook,” “believes,” “expects,” “plans,”
“estimates,” “targets,” “strategies,” or other comparable words.
Any forward-looking statements contained in this press release are based upon
our historical performance and on current plans, estimates, and expectations.
The inclusion of this forward-looking information should not be regarded as a
representation by us or any other person that the future plans, estimates,
targets, strategies, or expectations contemplated by us will be achieved. Such
forward-looking statements are subject to various risks, uncertainties,
assumptions, and changes in circumstances that are difficult to predict or
quantify. Our expectations, beliefs, and projections are expressed in good faith
and we believe there is a reasonable basis for them. However, there can be no
assurance that our expectations, beliefs, and projections will result or be
achieved. Actual results may differ materially from these expectations due to
changes in global, regional, or local economic, business, competitive, market,
regulatory, and other factors, many of which are beyond our control. We believe
that these factors include but are not limited to those described under Item 1A,
“Risk Factors,” of our Annual Report on Form 10-K for the year ended January 31,
2026, as such risk factors may be updated from time to time in our periodic
filings with the U.S. Securities and Exchange Commission (“SEC”), and are
accessible on the SEC's website at www.sec.gov.
Any forward-looking statements made by us in this press release speak only as of
the date of this press release and are expressly qualified in their entirety by
the cautionary statements included in this press release. Factors or events that
could cause our actual results to differ may emerge from time to time, and it is
not possible for us to predict all of them. We may not actually achieve the
plans, intentions, or expectations disclosed in our forward-looking statements
and you should not place undue reliance on our forward-looking statements. Our
forward-looking statements do not reflect the potential impact of any future
acquisitions, mergers, dispositions, joint ventures, investments, or other
strategic transactions we may make. Except to the extent required by the
federal securities laws, we undertake no obligation to publicly update or revise
any forward-looking statements, whether as a result of new information, future
events, or otherwise.
Investor Contact:
Kiley Rawlins, CFA
Senior Vice President, Investor Relations
krawlins@ulta.com
Media Contact:
Natalie Navarre
Vice President, Public Relations & Social Marketing
nnavarre@ulta.com
Exhibit 1 Ulta Beauty, Inc. Consolidated Statements of Income (In thousands,
except per share data)
13 Weeks
Ended
August August
1, 2,
2026 2025
(Unaudi… (Unaud…
──────────────────────────────────────────────────────────────────────────────
Net $ 3,035,6… 100.0% $ 2,788,4… 100.0%
sales
Cost of 1,848,7… 60.9% 1,696,7… 60.8%
sales
Gross 1,186,9… 39.1% 1,091,6… 39.2%
profit
Sellin…
general
and 802,784 26.4% 741,737 26.6%
admini…
expens…
Pre-op… 4,527 0.1% 5,105 0.2%
expens…
Operat… 379,641 12.5% 344,854 12.4%
income
Intere…
expense 3,684 0.1% -1,413 -0.1%
(incom…
net
Income
before
income
taxes
and 375,957 12.4% 346,267 12.4%
equity
net
loss of
affili…
Income
tax 91,878 3.0% 84,795 3.0%
expense
Income
before
equity 284,079 9.4% 261,472 9.4%
net
loss of
affili…
Equity
net 2,073 0.1% 597 0.0%
loss of
affili…
Net $ 282,006 9.3% $ 260,875 9.4%
income
Net
income
per
common
share:
Basic $ 6.57 $ 5.80
Diluted $ 6.55 $ 5.78
Weight…
average
common
shares
outsta…
Basic 42,955 44,955
Diluted 43,062 45,112
Exhibit 2 Ulta Beauty, Inc. Consolidated Statements of Income (In thousands,
except per share data)
26 Weeks
Ended
August August
1, 2,
2026 2025
(Unaudi…
──────────────────────────────────────────────────────────────────────────────
Net $ 6,199,5… 100.0% $ 5,636,8… 100.0%
sales
Cost of 3,744,9… 60.4% 3,430,9… 60.9%
sales
Gross 2,454,5… 39.6% 2,205,9… 39.1%
profit
Sellin…
general
and 1,617,4… 26.1% 1,452,3… 25.8%
admini…
expens…
Pre-op… 9,192 0.1% 6,934 0.1%
expens…
Operat… 827,897 13.4% 746,631 13.2%
income
Intere…
expense 3,032 0.0% -4,960 -0.1%
(incom…
net
Income
before
income
taxes
and 824,865 13.3% 751,591 13.3%
equity
net
loss of
affili…
Income
tax 198,738 3.2% 184,439 3.3%
expense
Income
before
equity 626,127 10.1% 567,152 10.1%
net
loss of
affili…
Equity
net 3,652 0.1% 1,225 0.0%
loss of
affili…
Net $ 622,475 10.0% $ 565,927 10.0%
income
Net
income
per
common
share:
Basic $ 14.35 $ 12.53
Diluted $ 14.31 $ 12.49
Weight…
average
common
shares
outsta…
Basic 43,368 45,158
Diluted 43,513 45,297
Exhibit 3 Ulta Beauty, Inc. Condensed Consolidated Balance Sheets (In thousands)
August January August
1, 31, 2,
2026 2026 2025
Assets (Unaud… (Unaud…
Current
assets:
──────────────────────────────────────────────────────────────────────────────
Cash
and $ 158,451 $ 424,243 $ 242,745
cash
equiva…
Short-… 55,000 70,000 —
invest…
Receiv… 249,295 296,217 224,412
net
Mercha…
invent… 2,406,7… 2,181,1… 2,407,0…
net
Prepaid
expens…
and 163,467 169,361 165,963
other
current
assets
Prepaid
income 35,572 3,198 28,877
taxes
Total
current 3,068,5… 3,144,1… 3,069,0…
assets
Proper…
and 1,414,2… 1,434,0… 1,332,5…
equipm…
net
Operat…
lease 1,877,9… 1,813,0… 1,682,1…
assets
Goodwi… 223,146 226,421 392,606
Other
intang… 200,200 203,288 5,466
assets,
net
Deferr…
compen… 56,828 53,391 50,550
plan
assets
Other
long-t… 123,035 124,912 98,324
assets
Total $ 6,963,9… $ 6,999,2… $ 6,630,6…
assets
Liabil…
and
stockh…
equity
Current
liabil…
Accoun… $ 646,200 $ 685,887 $ 708,655
payable
Accrued 440,435 551,380 460,232
liabil…
Deferr… 542,417 582,378 460,187
revenue
Current
operat… 312,648 306,671 282,593
lease
liabil…
Accrued
income — 35,739 —
taxes
Short-… 339,578 62,287 289,101
debt
Total
current 2,281,2… 2,224,3… 2,200,7…
liabil…
Non-cu…
operat… 1,871,8… 1,813,1… 1,716,1…
lease
liabil…
Deferr…
income 99,404 98,766 49,158
taxes
Other
long-t… 67,722 59,632 60,729
liabil…
Total 4,320,2… 4,195,8… 4,026,7…
liabil…
Commit…
and
contin…
Total
stockh… 2,643,7… 2,803,4… 2,603,8…
equity
Total
liabil…
and $ 6,963,9… $ 6,999,2… $ 6,630,6…
stockh…
equity
Exhibit 4 Ulta Beauty, Inc. Condensed Consolidated Statements of Cash Flows (In
thousands)
26 Weeks Ended
August 1, August 2,
2026 2025
(Unaudited) (Unaudited)
Operating activities
──────────────────────────────────────────────────────────────────────────────
Net income $ 622,475 $ 565,927
Adjustments to
reconcile net income
to
net cash provided by
operating
activities:
Depreciation and 162,724 143,198
amortization
Non-cash lease 178,326 183,528
expense
Deferred income taxes 1,524 2,232
Stock-based 21,063 20,338
compensation expense
Loss on disposal of
property and 8,404 4,689
equipment
Equity net loss of 3,652 1,225
affiliate
Change in operating
assets and
liabilities:
Receivables 47,127 -198
Merchandise -226,791 -366,091
inventories
Prepaid expenses and
other current 5,645 -21,657
assets
Income taxes -68,104 -70,406
Accounts payable -47,328 98,115
Accrued liabilities -120,902 -3,881
Deferred revenue -39,821 -44,418
Operating lease -178,756 -180,316
liabilities
Other assets and 12,352 -15,742
liabilities
Net cash provided by
operating 381,590 316,543
activities
Investing activities
Proceeds from
short-term 15,000 —
investments
Capital expenditures -139,534 -155,988
Acquisitions, net of — -386,793
cash acquired
Other investments -9,446 -17,130
Net cash used in -133,980 -559,911
investing activities
Financing activities
Borrowings from 1,358,274 593,641
short-term debt
Payments on -1,080,032 -333,100
short-term debt
Repurchase of common -793,183 -479,242
shares
Stock options 12,904 14,851
exercised
Purchase of treasury -10,876 -13,238
shares
Net cash used in -512,913 -217,088
financing activities
Effect of exchange
rate changes on cash -489 —
and cash equivalents
Net decrease in cash
and cash -265,792 -460,456
equivalents
Cash and cash
equivalents at 424,243 703,201
beginning
of period
Cash and cash
equivalents at end of $ 158,451 $ 242,745
period
Exhibit 5 Ulta Beauty, Inc. Store Update (Company-Operated) The following table
presents store activities during the second quarter of fiscal 2026:
United States International Total
Opened 14 1 15
Closed 1 — 1
Net 13 1 14
Relocated 2 1 3
Remodeled 7 — 7
The following table presents store activities during the first six months of
fiscal 2026:
United States International Total
Opened 32 2 34
Closed 3 — 3
Net 29 2 31
Relocated 3 2 5
Remodeled 7 — 7
The following table presents the number of stores owned (total gross square
footage of 16.1 million) at the end of the second quarter of fiscal 2026:
United States International Total
Number of stores 1,534 88 1,622
Exhibit 6 Ulta Beauty, Inc. Consolidated Sales by Category The following tables
set forth the approximate percentage of net sales by primary category:
13 Weeks Ended
August 1, August 2,
2026 2025
Cosmetics 37% 38%
Skincare and wellness 24% 25%
Haircare 20% 19%
Fragrance 13% 12%
Services 4% 4%
Other 2% 2%
100% 100%
26 Weeks Ended
August 1, August 2,
2026 2025
Cosmetics 38% 39%
Skincare and wellness 24% 25%
Haircare 19% 19%
Fragrance 13% 11%
Services 4% 4%
Other 2% 2%
100% 100%