Ulta Beauty (ULTA) Revenue — Quarter Ended Jul 29, 2023
Revenue declined from the prior quarter but rose compared to the same quarter last year. The sequential decrease reflects a typical seasonal pattern, while the year-over-year gain indicates continued growth.
Key takeaway
Quarter ended Jul 29, 2023 · FY2023 Q2
Revenue declined from the prior quarter but rose compared to the same quarter last year. The sequential decrease reflects a typical seasonal pattern, while the year-over-year gain indicates continued growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
-4.0%
Change from the immediately preceding quarter.
Year-over-year
+10.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.7B
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 |
|---|---|---|
| Oct 29, 2022 | $2.3B | +17.2% |
| Jan 28, 2023 | $3.2B | +18.2% |
| Apr 29, 2023 | $2.6B | +12.3% |
| Jul 29, 2023 | $2.5B | +10.1% |
Revenue performance
Reported revenue decreased from the immediately preceding quarter, marking a sequential decline.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher, extending the year-over-year growth trend seen in recent quarters.
What to watch
Monitor whether the sequential revenue decline is in line with typical seasonal patterns or signals a shift in demand.