
Ulta Beauty Inc (ULTA) Q3 2025 Earnings Call Highlights: Strong Sales Growth Amid Rising Expenses

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Ulta Beauty Inc. reported a 12.9% increase in Q3 2025 net sales to $2.9 billion, with comparable sales growth of 6.3%. Despite higher gross margin, operating profit margin fell to 10.8% due to a 23.3% rise in SG&A expenses. The company expanded its loyalty program, launched new brands, and grew internationally, while managing consumer spending trends in a challenging macroeconomic environment.

