---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-018315"
form_type: "8-K"
ticker: "ULTA"
cik: "0001403568"
company_name: "Ulta Beauty, Inc."
filed_at: "2022-12-01T23:59:59+00:00"
generated_at: "2026-06-21T10:47:29.276051+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ulta Beauty Q3 net sales $2.34B, EPS $5.34; raises FY22 outlook

## Summary
- Q3 net sales $2.34B (+17.2% YoY); comparable sales +14.6% vs +25.8% prior year.
- Diluted EPS $5.34 vs $3.94, up 35.5% YoY; net income $274.6M.
- Raised FY22 guidance: net sales $9.95-10.00B; EPS $22.60-22.90 (prior $20.70-21.20).
- Operating margin 15.5% vs 14.2% YoY; gross margin 41.2% vs 39.6%.
- Repurchased 340k shares for $137.5M in Q3; $1.4B remains under $2B authorization.

## SEC filing metadata
- accession: 0001558370-22-018315
- form_type: 8-K
- ticker: ULTA
- cik: 0001403568
- company_name: Ulta Beauty, Inc.
- filed_at: 2022-12-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403568/000155837022018315/0001558370-22-018315-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403568/000155837022018315/ulta-20221201x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-018315
- JSON: https://secwatch.observer/filing/0001558370-22-018315.json
- Plain text: https://secwatch.observer/filing/0001558370-22-018315.txt

## Key facts
- Earnings Releases
  Ulta Beauty, Inc. reported first nine months ended October 29, 2022 results: revenue $7.0 billion, net income $901.7 million, EPS $17.35. Guidance raised.
  - Period: first nine months ended October 29, 2022
  - Revenue: $7.0 billion
  - Net income: $901.7 million
  - EPS: $17.35
  - Guidance: raised
  - Result: reported results
  source text: For the First Nine Months of Fiscal 2022 ● Net sales increased 18.3% to $7.0 billion compared to $5.9 billion in the first nine months of fiscal 2021, primarily due to the favorable impact from the continued resilience of the beauty category, retail price increases, the impact of new brands and product innovation, and the easing of COVID-19 restrictions compared to the first nine months of fiscal 2021. ● Comparable sales increased 15.6% compared to an increase of 47.1% in the first nine months of fiscal 2021, driven by a 9.7% increase in transactions and a 5.4% increase in average ticket. ● Gross profit increased 21.0% to $2.8 billion compared to $2.3 billion in the first nine months of fiscal 2021. As a percentage of net sales, gross profit increased to 40.6% compared to 39.7% in the first nine months of fiscal 2021, primarily due to leverage of fixed costs, strong growth in other revenue, and favorable channel mix shifts, partially offset by lower merchandise margin and higher invent
  evidence_url: https://www.sec.gov/Archives/edgar/data/1403568/000155837022018315/0001558370-22-018315-index.htm
- Earnings Releases
  Ulta Beauty, Inc. reported third quarter ended October 29, 2022 results: revenue Net Sales of $2.3 Billion, net income Net Income of $274.6 Million, EPS $5.34 Per Diluted Share. Guidance raised.
  - Period: third quarter ended October 29, 2022
  - Revenue: Net Sales of $2.3 Billion
  - Net income: Net Income of $274.6 Million
  - EPS: $5.34 Per Diluted Share
  - Guidance: raised
  - Result: reported results
  source text: ULTA BEAUTY ANNOUNCES THIRD QUARTER FISCAL 2022 RESULTS ​ Net Sales of $2.3 Billion Compared to $2.0 Billion in the Year-Ago Quarter Comparable Sales Increased 14.6% Net Income of $274.6 Million or $5.34 Per Diluted Share Company Raises Outlook for Fiscal Year 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1403568/000155837022018315/0001558370-22-018315-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.