Ulta Beauty

Ulta Beauty Inc.
legal form	Corporation
ISIN	US90384S3031
founding	1990
Seat	Bolingbrook , United States
management	Mary Dillon (CEO)
Number of employees	44,000 (2019)
sales	6,717,000,000 US dollars (2019)
Branch	Consumer goods
Website	www.ulta.com

Ann Arbor branch

Ulta Beauty , formerly known as Ulta Salon and Cosmetics & Fragrance is a US-based chain of Beauty Stores, headquartered in Bolingbrook ( Illinois ). Ulta Beauty carries cosmetics and skin care brands, men's and women's fragrances, nail products, bath and body care products, beauty products and hair care products. Each branch is also equipped with its own salon. Ulta Beauty has 1,241 stores in all 50 states in the United States as of November 2019.

Ulta Beauty is part of the NASDAQ-100 stock exchange index . The company had fiscal 2019 sales of $ 6.7 billion.

history

Ulta Salon, Cosmetics and Fragrance was founded by Richard E. George, former President of Osco Drug , and Terry Hanson. George left Osco in 1989 to start his own company. His business plan included a new approach to retail that offers high quality and affordable products. Other Osco executives joined George and Hanson, raised $ 11.5 million in venture capital, and officially launched Ulta in 1990. Initially similar to a drugstore , the business concept was revised in 1994 and the products and articles typical for drugstores such as toothbrushes and medicines were eliminated and mainly beauty products were offered.

The company has been listed on the stock exchange since October 25, 2007. In 2013, Ulta opened 125 stores in the US, increasing the number of locations to 675 stores. In 2017 the company was renamed from Ulta Salon, Cosmetics & Fragrance to Ulta Beauty. By 2018 the number of locations had risen to 1,124 stores. Ulta Beauty has more than 20,000 products, including makeup, fragrances, and nail, skin and hair products, making it the largest company of its kind in the United States.

On May 31, 2019, General Manager Mary Dillon announced that Ulta Beauty plans to open stores overseas, starting with store openings in Canada .

Business figures

Business and employee development
year	Sales in US $ million	Balance sheet profit in million US $	Employees
2006	579	3
2007	755	8th
2008	912	14th	7,800
2009	1,085	25th	9,800
2010	1,223	39	10,300
2011	1,455	71	11,700
2012	1,776	120	14,000
2013	2,220	173	16,100
2014	2,671	203	19,600
2015	3,241	257	22,400
2016	3,924	320	26,500
2017	4,855	410	31,800
2018	5,885	555	34,700
2019	6,717	659	44,000

Web links

Official website

Individual evidence

↑ ^a ^b Ulta Beauty Revenue 2007-2019 | ULTA. Retrieved November 29, 2019 .
↑ Anna Marie Kukec: How Ulta grew from the suburbs into a top national retailer. February 5, 2017. Retrieved November 29, 2019 (American English).
^ Alix Strauss: Sephora and the Upstarts . In: The New York Times . April 30, 2014, ISSN 0362-4331 ( nytimes.com [accessed November 29, 2019]).
↑ Ulta Beauty - Overview. Retrieved November 29, 2019 .
↑ Ulta goes international with plans for Canada. Retrieved November 29, 2019 (American English).

[:0-1] Ulta Beauty Revenue 2007-2019 | ULTA. Retrieved November 29, 2019 .

[2] Anna Marie Kukec: How Ulta grew from the suburbs into a top national retailer. February 5, 2017. Retrieved November 29, 2019 (American English).

[3] Alix Strauss: Sephora and the Upstarts . In: The New York Times . April 30, 2014, ISSN 0362-4331 ( nytimes.com [accessed November 29, 2019]).

[4] Ulta Beauty - Overview. Retrieved November 29, 2019 .

[5] Ulta goes international with plans for Canada. Retrieved November 29, 2019 (American English).