Ulta Beauty Inc. (NASDAQ: ULTA)
Specialty Retail · Bolingbrook, IL, United States · Founded 1990
- Market capitalization: $18.0 billion
- Annual revenue: $12.39 billion
- Net income: $1.15 billion
- Employees: 45,000
- Sector: Consumer Cyclical
- Headquarters: Bolingbrook, United States
- Founded: 1990
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Ulta Beauty is the largest specialty beauty retailer in the United States, operating over 1,400 stores that uniquely combine mass-market and prestige beauty brands under one roof alongside in-store salons. The company carries over 25,000 products from more than 600 brands, ranging from drugstore staples to luxury skincare. Ulta's loyalty program, Ultamate Rewards, has over 42 million active members.
Ulta earns revenue from the sale of cosmetics, skincare, haircare, and fragrance products, plus salon services. The combination of mass and prestige brands in a single store creates a one-stop-shop experience that drives higher basket sizes and cross-category purchasing.
Dick George founded Ulta in 1990 in Romeoville, Illinois, with the insight that beauty consumers wanted mass and prestige products in the same store. The company went public in 2007 and has grown from 300 stores to over 1,400. Ulta's partnership with Target, launching Ulta Beauty at Target shop-in-shops in 2021, extended its reach to millions of additional consumers.
| Market Capitalization | $18.0B |
| Annual Revenue | $12.39B |
| Net Income | $1.15B |
| Profit Margin | 9% |
| Revenue per Employee | $275333K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | ULTA |
Financial data is approximate and based on most recent annual filings.
Ulta's Ultamate Rewards program captures over 95% of the company's sales—one of the highest loyalty program capture rates in retail. The company's stores include full-service hair salons, making it the largest chain of hair salons in the US.
Ulta has built the dominant beauty retail franchise in America, but the competitive landscape is intensifying with Sephora's Kohl's partnership and Amazon's push into prestige beauty. The loyalty program is a formidable moat, but same-store sales growth is moderating as the store base matures.
What is Ulta Beauty Inc.'s revenue?
Ulta Beauty Inc. generates approximately $12.39 billion in annual revenue.
How many employees does Ulta Beauty Inc. have?
Ulta Beauty Inc. employs approximately 45,000 people worldwide.
What is Ulta Beauty Inc.'s market cap?
Ulta Beauty Inc. (ULTA) has a market capitalization of approximately $18.0 billion on the NASDAQ.
When was Ulta Beauty Inc. founded?
Ulta Beauty Inc. was founded in 1990 and is headquartered in Bolingbrook, IL, United States.
Who is the CEO of Ulta Beauty Inc.?
Dave Kimbell is the current CEO of Ulta Beauty Inc..
What is Ulta Beauty Inc.'s website?
Ulta Beauty Inc.'s official website is ulta.com.
| CEO | Dave Kimbell |
| Sector | Consumer Cyclical |
| Industry | Specialty Retail |
| Founded | 1990 |
| HQ | Bolingbrook, IL |
| Country | United States |
| Website | ulta.com |
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