ulta news and archive

Ulta Beauty ups guidance for FY24

Net sales at Ulta Beauty increased 3.5 percent to 2.7 billion dollars driven by increased comparable sales, new store contribution, and growth in other revenue. For FY24, the company expects net sales to be in the range of 11.7 billion dollars to 11.8 billion dollars, comparable store sale growth between 4 percent to 5 percent and diluted...

Retail

Afterpay announces new partnerships with J.Crew and Ulta

Afterpay continues to expand. The alternative payment solutions provider now represents more than 10 percent of the American fashion and beauty industries online, with over 6,500 U.S. retail partners. The technology-driven payments company has announced two new partnerships with Ulta Beauty and J.Crew. Afterpay's service will roll out for these...

Retail

Ulta halts brick and mortar growth in favor of tech innovation

Beauty retailer Ulta announced at its recent investor conference that it plans to slow down its introduction of new store locations in favor of a focus on tech. Ulta currently operates 1,163 brick and mortar stores across the United States, and has been opening on average 100 new locations per year. Though it originally had projected a plan for...