secwatch.observer — SEC 8-K summary
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Issuer:     Ulta Beauty, Inc. (ULTA)
CIK:        0001403568
Form:       8-K
Filed at:   2022-05-26T23:59:59+00:00
Accession:  0001558370-22-009395
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ulta Beauty reports Q1 record results; raises FY2022 guidance
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- Net sales $2.3B (+21% YoY); comparable sales +18.0% driven by 10% transaction growth.
- Net income $331.4M, diluted EPS $6.30 vs $4.10 in prior year quarter.
- Gross margin 40.1% vs 38.9% a year ago; operating margin 18.7% vs 15.8%.
- Updated FY2022 outlook: net sales $9.35-9.55B, EPS $19.20-$20.10; prior $18.20-$18.70.
- Repurchased 331,834 shares for $132.8M in Q1; $1.87B remaining under $2B program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403568/000155837022009395/0001558370-22-009395-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403568/000155837022009395/ulta-20220526x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-009395

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