---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-012541"
form_type: "8-K"
ticker: "ULTA"
cik: "0001403568"
company_name: "Ulta Beauty, Inc."
filed_at: "2024-08-29T23:59:59+00:00"
generated_at: "2026-05-31T06:58:07.816927+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ulta Beauty Q2 EPS $5.30 miss; comparable sales -1.2%; lowers full-year guidance

## Summary
- Net sales $2.55B (+0.9% YoY); comp sales -1.2% (prior +8.0%), driven by 1.8% decrease in transactions.
- GAAP EPS $5.30 vs $6.02; operating margin 12.9% vs 15.5%.
- FY2024 net sales guidance cut to $11.0-11.2B (from $11.5-11.6B); comp sales now (2%)-0% (prior 2%-3%).
- FY2024 EPS guidance lowered to $22.60-23.50 from $25.20-26.00; operating margin 12.7-13.0% vs prior 13.7-14.0%.
- Repurchased $212.3M in shares during Q2; $1.6B remaining under $2B buyback program.

## SEC filing metadata
- accession: 0001558370-24-012541
- form_type: 8-K
- ticker: ULTA
- cik: 0001403568
- company_name: Ulta Beauty, Inc.
- filed_at: 2024-08-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403568/000155837024012541/0001558370-24-012541-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403568/000155837024012541/ulta-20240829x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-012541
- JSON: https://secwatch.observer/filing/0001558370-24-012541.json
- Plain text: https://secwatch.observer/filing/0001558370-24-012541.txt

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