Ulta Beauty (ULTA) Revenue — Quarter Ended Nov 2, 2024
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased relative to the same quarter one year earlier.
Key takeaway
Quarter ended Nov 2, 2024 · FY2024 Q3
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
-0.9%
Change from the immediately preceding quarter.
Year-over-year
+1.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.4B
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 |
|---|---|---|
| Feb 3, 2024 | $3.6B | +10.2% |
| May 4, 2024 | $2.7B | +3.5% |
| Aug 3, 2024 | $2.6B | +0.9% |
| Nov 2, 2024 | $2.5B | +1.7% |
Revenue performance
The reported revenue moved lower from the prior quarter, reflecting a sequential decrease. The trailing twelve-month revenue stood at a level consistent with the annualized run rate.
Quarterly comparison
Compared with the immediately preceding quarter, revenue contracted. In contrast, revenue was higher than the same quarter one year earlier, indicating year-over-year growth.
What to watch
The sequential decline in revenue may warrant attention given the prior quarter's growth trend.