---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-015251"
form_type: "8-K"
ticker: "ULTA"
cik: "0001403568"
company_name: "Ulta Beauty, Inc."
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T04:03:50.503166+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ulta Beauty Q2 net sales $2.53B (+10.1% YoY), EPS $6.02; raises FY2023 outlook

## Summary
- Comparable sales +8.0% vs +14.4% last year; transactions +9.0%, average ticket -1.0%.
- Net income $300.1M ($6.02 diluted EPS) vs $295.7M ($5.70) a year ago.
- Gross margin 39.3% vs 40.4% due to lower merchandise margin, higher shrink, and supply chain costs.
- FY2023 guidance raised: net sales $11.05B-$11.15B, EPS $25.10-$25.60, comp sales 4.5%-5.5%.
- Repurchased 593,629 shares for $275.5M in Q2; $541M remaining under $2B buyback program.

## SEC filing metadata
- accession: 0001558370-23-015251
- form_type: 8-K
- ticker: ULTA
- cik: 0001403568
- company_name: Ulta Beauty, Inc.
- filed_at: 2023-08-24T23:59:59+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/1403568/000155837023015251/0001558370-23-015251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403568/000155837023015251/ulta-20230824x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-015251
- JSON: https://secwatch.observer/filing/0001558370-23-015251.json
- Plain text: https://secwatch.observer/filing/0001558370-23-015251.txt

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