| Cash Flow | 2025-08-02 | 2025-05-03 | 2024-11-02 | 2024-08-03 |
|---|---|---|---|---|
| Net income | 565,927 | 305,052 | 807,848 | 565,669 |
| Receivables | 198 | 1,812 | 5,682 | -7,076 |
| Prepaid expenses and other current assets | 21,657 | 9,283 | 19,916 | 16,425 |
| Other assets and liabilities | 15,742 | 5,583 | -12,240 | -15,127 |
| Merchandise inventories | 366,091 | 153,305 | 623,050 | 256,150 |
| Income taxes | -70,406 | 88,934 | -69,818 | -60,666 |
| Deferred income taxes | -2,232 | -3,420 | -5,808 | -2,540 |
| Deferred revenue | -44,418 | -37,742 | -31,551 | -41,604 |
| Accrued liabilities | -3,881 | -32,716 | -45,777 | -33,634 |
| Accounts payable | 98,115 | -24,920 | 54,210 | 29,715 |
| Equity net loss of affiliate | - | -628 | - | - |
| Loss on disposal of property and equipment | -4,689 | -892 | -7,280 | -5,204 |
| Stock-based compensation expense | 20,338 | 11,418 | 27,691 | 19,272 |
| Depreciation and amortization | 143,198 | 72,033 | 197,075 | 130,053 |
| Non-cash lease expense | 183,528 | 91,105 | 235,950 | 163,481 |
| Equity net loss of affiliate | 1,225 | - | - | - |
| Operating lease liabilities | -180,316 | -88,100 | -250,267 | -170,779 |
| Net cash provided by operating activities | 316,543 | 220,021 | 302,041 | 358,879 |
| Capital expenditures | 155,988 | 79,031 | 300,536 | 186,301 |
| Acquisitions, net of cash acquired | 386,793 | - | - | - |
| Other investments | 17,130 | 7,346 | 6,108 | 5,091 |
| Net cash used in investing activities | -559,911 | -86,377 | -306,644 | -191,392 |
| Payments on credit facility | 333,100 | - | - | - |
| Stock options exercised | 14,851 | 481 | 9,200 | 9,196 |
| Borrowings from credit facility | 593,641 | - | 199,700 | - |
| Debt issuance costs | - | - | 4,159 | 4,088 |
| Repurchase of common shares | 479,242 | 369,786 | 765,384 | 501,768 |
| Purchase of treasury shares | 13,238 | 12,911 | 23,566 | 23,459 |
| Net cash used in financing activities | -217,088 | -382,216 | -584,209 | -520,119 |
| Net decrease in cash and cash equivalents | -460,456 | -248,572 | -588,812 | -352,632 |
Ulta Beauty, Inc. (ULTA)
Ulta Beauty, Inc. (ULTA)