Ulta Beauty Inc (NAS:ULTA)
$ 401.68 -2.28 (-0.56%) Market Cap: 19.25 Bil Enterprise Value: 20.51 Bil PE Ratio: 15.42 PB Ratio: 8.52 GF Score: 96/100

Ulta Beauty Inc at Oppenheimer Consumer Growth & E-Commerce Conference Transcript

Jun 18, 2019 / 02:40PM GMT
Release Date Price: $347.21 (-0.85%)
Rupesh Dhinoj Parikh
Oppenheimer & Co. Inc., Research Division - MD & Senior Analyst

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To the Oppenheimer's 19th annual consumer conference. My name is Rupesh Parikh. I'm the Senior Food, Grocery and Consumer Products Analyst at Oppenheimer. I'm very pleased to introduce our next presenting company, Ulta Beauty and its senior management team. We're very excited to have in attendance today, CEO, Mary Dillon; CFO, Scott Settersten; and in the audience, we're joined by VP of Investor Relations, Kiley Rawlins; and Senior Manager Investor Relations, Patrick Flaherty.

So since Mary joined the company in July 2013, Ulta shares have performed quite well, increasing more than 240%, easily topping a 71% gain in the S&P 500 and only a 3% increase in the leading retail ETF XRT. The share price appreciation is a real testament to consistent execution by the Ulta management team in recent years. So in our view, the fruits of management efforts have clearly shown up in Ulta's results with significant market share gains lately and the strengthening beauty position in

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