Ulta Beauty (ULTA) Revenue — Quarter Ended Apr 29, 2023
Revenue for the quarter decreased compared to the immediately preceding quarter. However, revenue increased compared to the same quarter one year earlier.
Key takeaway
Quarter ended Apr 29, 2023 · FY2023 Q1
Revenue for the quarter decreased compared to the immediately preceding quarter. However, revenue increased compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.6B
Revenue reported for this quarter.
Quarter-over-quarter
-18.4%
Change from the immediately preceding quarter.
Year-over-year
+12.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 30, 2022 | $2.3B | +16.8% |
| Oct 29, 2022 | $2.3B | +17.2% |
| Jan 28, 2023 | $3.2B | +18.2% |
| Apr 29, 2023 | $2.6B | +12.3% |
Revenue performance
The reported revenue reflects a decline from the prior quarter, while showing growth over the same period last year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. Compared to the same quarter one year earlier, revenue was higher.
What to watch
The sequential decline in revenue may warrant attention in the context of the company's overall performance.