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    Home » Ulta Beauty’s Second Quarter Fiscal 2022 Results Revealed
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    Ulta Beauty’s Second Quarter Fiscal 2022 Results Revealed

    Sienna BlakeBy Sienna BlakeNovember 15, 2024Updated:December 5, 2024No Comments1 Min Read
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    Ulta Beauty’s Second Quarter Fiscal 2022 Results Revealed
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    BOLINGBROOK, Ill.–(BUSINESS WIRE)–Ulta Beauty, Inc. (NASDAQ: ULTA) today revealed its financial performance for two key periods: the thirteen-week span ending July 30, 2022, referred to as the “second quarter,” and the twenty-six-week period concluding on the same date, compared to the previous periods ending July 31, 2021. This announcement highlights the company’s ongoing commitment to transparency and provides insights into its financial health amidst a dynamic retail environment.

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    Sienna Blake
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    Sienna Blake is a licensed aesthetic consultant and beauty writer specializing in cosmetic surgery advancements and non-invasive treatments. With a background in dermatology and over eight years of industry experience, Sienna is passionate about helping people achieve confidence through informed beauty decisions. She holds a Bachelor's degree in Health Sciences and regularly collaborates with top plastic surgeons to stay at the forefront of aesthetic innovations. Outside of her work, Sienna enjoys traveling, skincare research, and practicing Pilates.

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    13 Weeks Ended

     

     

    26 Weeks Ended

     

     

    July 30,

     

    July 31,

     

    August 1,

     

     

    July 30,

     

    July 31,

     

    August 1,

    (Dollars in millions)

    2022

     

    2021

     

    2020

     

     

    2022

     

    2021

     

    2020

    Net sales

     

    $

    2,297.1

     

    $

    1,967.2

     

    $

    1,228.0

     

    $

    4,643.0

     

    $

    3,905.7

     

    $

    2,401.2

    Comparable sales

     

     

    14.4%

     

     

    56.3%

     

     

    (26.7)%

     

     

    16.2%

     

     

    60.9%

     

     

    (31.1)%

    Gross profit (as a percentage of net sales)

     

     

    40.4%

     

     

    40.6%

     

     

    26.8%

     

     

    40.3%

     

     

    26.3%

    Selling, general and administrative expenses

     

    $

    534.5

     

    $

    464.3

     

    $

    271.6

     

     

    $

    1,035.4