Ulta Beauty, Inc. (ULTA) Q3 2023 Earnings Call Transcript

Nov. 30, 2023 8:48 PM ETUlta Beauty, Inc. (ULTA) Stock
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Q3: 2023-11-30 Earnings Summary

10-Q
EPS of $5.07 beats by $0.10 | Revenue of $2.49B (6.42% Y/Y) beats by $18.96M

Ulta Beauty, Inc. (NASDAQ:ULTA) Q3 2023 Results Conference Call November 30, 2023 4:30 PM ET

Company Participants

Kiley Rawlins - VP, IR
Dave Kimbell - CEO
Scott Settersten - CFO

Conference Call Participants

Dana Telsey - Telsey Advisory Group
Lorraine Hutchinson - Bank of America
Mark Altschwager - Baird
Michael Binetti - Evercore ISI
Oliver Chen - TD Cowen
Krisztina Katai - Deutsche Bank
Michael Lasser - UBS

Operator

Good afternoon, and welcome to Ulta Beauty's Conference Call to discuss results for the Third Quarter of Fiscal 2023. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce Ms. Kiley Rawlins, Vice President of Investor Relations. Ms. Rawlins, please proceed.

Kiley Rawlins

Thank you. Good afternoon, everyone, and thank you for joining us for a discussion of Ulta Beauty's results for the third quarter of fiscal 2023.

Hosting our call today are Dave Kimbell, Chief Executive Officer; and Scott Settersten, Chief Financial Officer. Kecia Steelman, President and Chief Operating Officer, will join us for the Q&A session. Paula Oyibo, Senior Vice President of Finance, is also on the call with us today.

Before we begin, I'd like to remind you of the Company's safe harbor language. The statements contained in our conference call, which are not historical facts, may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual future results may differ materially from those projected in such statements due to a number of risks and uncertainties, all of which are described in the Company's filings with the SEC. We caution you not to place undue reliance on these forward-looking statements, which speak only as of today, November 30, 2023. We have no obligation to

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