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: 95/100

Ulta Beauty Inc at Robert W Baird Global Consumer, Technology & Services Conference Transcript

Jun 07, 2022 / 02:50PM GMT
Release Date Price: $421.02 (+1.76%)
Mark R. Altschwager
Robert W. Baird & Co. Incorporated, Research Division - Senior Research Analyst

All right. Great. Thanks, everybody, for joining. I'm Mark Altschwager, senior research analyst at Baird, and I'm very pleased to welcome management from Ulta Beauty. Ulta is the largest beauty retailer in the U.S.

Joining us on stage are CEO, Dave Kimbell; COO, Kecia Steelman; and CFO, Scott Settersten.

The company is coming off a very strong Q1 report, including healthy demand across its product portfolio and really highlighted by a return to growth in Prestige makeup for the first time since the onset of the pandemic. Thank you all for being here.

David C. Kimbell
Ulta Beauty, Inc. - CEO & Director

Thanks for having us, Mark. Glad to be here.

Questions & Answers

Mark R. Altschwager
Robert W. Baird & Co. Incorporated, Research Division - Senior Research Analyst

Great. So Dave, I do want to start on bigger picture. Investors who have followed Ulta for a long time and know

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