Ulta Beauty Inc at TD Cowen Future of the Consumer Conference Transcript

Jun 07, 2023 / 12:55PM GMT
Oliver Chen - TD Cowen, Research Division - MD & Senior Equity Research Analyst

I am Oliver Chen, Cowen's Retail, new platforms and luxury analyst.

Thanks for joining us on the webcast as well. We definitely appreciate your support in [II] if we've been helpful. We're in the retailing department stores category. Cowen rates Ulta outperform $530 price target on 21 times. We have the pleasure of welcoming Prama Bhatt, Chief Digital Officer of Ulta Beauty and Paula Oyibo, SVP of finance. Ulta provides a unique shopping experience by offering top prestige and mass brands with friendly and accessible service combined with salon. I had my brows done at Ulta. It really is a ultra-modern concept that has reinvented what is happening in beauty.

We think Ulta is well prepared to gain share in the Brazilian Beauty category. Prama was named Chief Digital Officer in 2019 after having served as SVP, Digital and E-commerce since 2107 and she joined Ulta in 2014. Paula has over 20 years of finance and global management consulting experience. She joined Ulta in 2019 and prior health senior roles at

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