Australian Mercantile Collections

A Debt-Free, Growing Business With Upside Potential

A Debt-Free, Growing Business With Upside Potential

Assessing the retailer’s recent performance, strategic initiatives and financial health

By Hoang Quoc Anh

Summary

  • Ulta Beauty’s share price dropped 27.70% over three months, but boasts 2,800% growth over 16 years.
  • In the first quarter, the company saw steady growth with net sales up 3.50% and strong EPS of $6.47.
  • Ulta Beauty’s debt-free balance sheet and $1 billion share repurchase plan signal long-term investment potential.

Ulta Beauty Inc. (ULTA, Financial) has been a…

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