Professional
Added to YB: 2024-06-20
Pitch date: 2024-03-31
ULTA [neutral]
Ulta Beauty, Inc.
+15.5%
current return
Author Info
No bio for this author
Company Info
Ulta Beauty, Inc. operates as a specialty beauty retailer in the United States, Mexico, and Kuwait. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.
Market Cap
$26.7B
Pitch Price
$520.84
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.52
P/E
22.98
EV/Sales
2.42
Sector
Specialty Retail
Category
growth
Mairs & Power Growth Fund New Position: Ulta Beauty, Inc.
ULTA: Largest US beauty retailer w/ 1,300+ one-stop shops for mass to prestige brands. 40M+ loyal rewards members, preferred by Gen Z & Millennials. In-store shopping favored for beauty. Expanding to 1,500-1,700 locations at 40-50/yr. Poised to gain share as younger cohorts age.
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