---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-013325"
form_type: "8-K"
ticker: "ULTA"
cik: "0001403568"
company_name: "Ulta Beauty, Inc."
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T13:39:40.009500+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ulta Beauty Raises Long-Term Store Target to 1,800+, Announces $3B Buyback

## Summary
- Plans to open 200 net new stores over next 3 years; long-term store target raised to 1,800+.
- New $3B share repurchase authorization approved; replaces prior March 2024 authorization.
- Long-term financial targets: 4-6% net sales growth, operating margins ~12%, low double-digit EPS growth.
- Loyalty program target: 50M members by 2028, up from current base.
- Reaffirms FY2024 guidance: net sales $11.0B-$11.2B, diluted EPS $22.60-$23.50, comparable sales -2% to 0%.

## SEC filing metadata
- accession: 0001558370-24-013325
- form_type: 8-K
- ticker: ULTA
- cik: 0001403568
- company_name: Ulta Beauty, Inc.
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403568/000155837024013325/0001558370-24-013325-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403568/000155837024013325/ulta-20241016x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-013325
- JSON: https://secwatch.observer/filing/0001558370-24-013325.json
- Plain text: https://secwatch.observer/filing/0001558370-24-013325.txt

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