Ulta Beauty, Inc（ULTA）の決算・業績分析
Ulta Beauty, Incの2024年有価証券報告書をAI分析。売上高$11.3B(+0.8%)。営業利益$1.6B。Consumer Discretionary。
目次
Ulta Beauty, Incの2024年度 業績サマリー
Ulta Beauty, Inc（証券コード: ULTA）の2024年度決算・業績分析。売上高は$11.3B（前年比+0.8%）。営業利益は$1.6B（前年比-6.7%）。純利益は$1.2B（前年比-7.0%）。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。
Ulta Beauty, Incの2024年度 注目ポイント
- Revenue surged 18.3% YoY to $10.2B (XBRL), driven by omnichannel expansion and new store openings.
- Operating income grew 26.3% YoY to $1.6B (XBRL), with operating margin expanding to 16.1% (XBRL).
- ROE reached 80.9% (XBRL), reflecting strong profitability and efficient capital use.
Ulta Beauty, Incの売上高変化の要因
- •Total revenue reached $10.2B (XBRL), up 18.3% YoY. Growth was driven by expanding omnichannel capabilities, new store openings, and market share gains in the beauty industry (10-K). Segment-specific revenue figures are not disclosed in the 10-K (N/A). Historical revenue growth includes a 5-year CAGR of 11.0% (XBRL), with FY2024 revenue surpassing FY2023's $8.6B (XBRL).
Ulta Beauty, Incの営業利益変化の要因
- •Gross profit was $4.0B (XBRL) with a gross margin of 39.6% (XBRL). Operating income rose 26.3% YoY to $1.6B (XBRL), with operating margin at 16.1% (XBRL). Net income reached $1.2B (XBRL), up 26.0% YoY. Efficiency metrics include a 1.79x asset turnover (XBRL) and 7-day receivables cycle (XBRL).
Ulta Beauty, Incの事業リスクと対応
Inability to execute growth plans could harm financial performance (10-K).
Failure to adapt to beauty trends may reduce sales and increase markdowns (10-K).
Supply chain disruptions could impair product delivery and profitability (10-K).
E-commerce risks include customer migration from physical stores and vendor competition (10-K).
Rising shipping costs due to inflation could negatively impact margins (10-K).
Ulta Beauty, Incの今後の見通し・業績予想
Ulta Beauty, Incの事業内容
Ulta Beauty is a specialty beauty retailer offering products and services across cosmetics, fragrance, skincare, haircare, and salon services (10-K). It generates revenue through retail sales of 25,000+ products from 600+ brands and in-store beauty services like hair salons and brow bars (10-K). Key competitive advantages include a differentiated product assortment, a leading loyalty program (Ulta Beauty Rewards), and a strong store footprint with 1,350+ locations (10-K). The company's primary customer base is beauty enthusiasts (65% of shoppers, driving >80% of spend) (10-K), with no significant customer concentration (10-K).
Ulta Beauty, IncのAI業績分析レポート（2024年度）
Ulta Beauty, Inc. (ULTA) FY2024 Annual Report Analysis
Highlights
Business Overview
Ulta Beauty is a specialty beauty retailer offering products and services across cosmetics, fragrance, skincare, haircare, and salon services (10-K). It generates revenue through retail sales of 25,000+ products from 600+ brands and in-store beauty services like hair salons and brow bars (10-K). Key competitive advantages include a differentiated product assortment, a leading loyalty program (Ulta Beauty Rewards), and a strong store footprint with 1,350+ locations (10-K). The company's primary customer base is beauty enthusiasts (65% of shoppers, driving >80% of spend) (10-K), with no significant customer concentration (10-K).
Revenue Analysis
Total revenue reached $10.2B (XBRL), up 18.3% YoY. Growth was driven by expanding omnichannel capabilities, new store openings, and market share gains in the beauty industry (10-K). Segment-specific revenue figures are not disclosed in the 10-K (N/A). Historical revenue growth includes a 5-year CAGR of 11.0% (XBRL), with FY2024 revenue surpassing FY2023's $8.6B (XBRL).
Profitability Analysis
Gross profit was $4.0B (XBRL) with a gross margin of 39.6% (XBRL). Operating income rose 26.3% YoY to $1.6B (XBRL), with operating margin at 16.1% (XBRL). Net income reached $1.2B (XBRL), up 26.0% YoY. Efficiency metrics include a 1.79x asset turnover (XBRL) and 7-day receivables cycle (XBRL).
Balance Sheet Analysis
Equity ratio was 26.9% (XBRL), with total debt-to-equity at 2.23x (XBRL). Current ratio stood at 1.71x (XBRL), and cash reserves totaled $767M (XBRL). Total assets increased to $5.7B (XBRL) from $5.4B in FY2023 (XBRL). Total equity declined to $1.5B (XBRL) from $2.0B in FY2023 (XBRL).
Cash Flow Analysis
Operating cash flow was $1.5B (XBRL), with free cash flow (FCF) of $1.2B (XBRL) after $312M in CapEx (XBRL). Share repurchases totaled $900M (XBRL). Investing cash flow was -$315M (XBRL), primarily from CapEx. Financing cash flow was -$861M (XBRL), driven by share repurchases.
Working Capital Analysis
Receivables days: 7 days (XBRL). Payables days: 32 days (XBRL). Asset turnover: 1.79x (XBRL). Cash conversion cycle (CCC) is not explicitly calculated (N/A).
Risks
Outlook
Management highlights market share gains, inflation risks, and strategic priorities like omnichannel expansion and the 'All Things Beauty' initiative as key trends impacting future results (10-K). No explicit forward-looking guidance is provided (10-K).
Consumer Discretionaryの企業一覧
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