Ulta Beauty Inc (NAS:ULTA)

$ 395.42 1.36 (0.35%) Market Cap: 18.63 Bil Enterprise Value: 20.14 Bil PE Ratio: 15.87 PB Ratio: 7.97 GF Score: 94/100

Ulta Beauty Inc at JPMorgan Virtual Retail Round-Up Transcript

Apr 14, 2021 / 12:50PM GMT

Release Date Price: $329.05 (-0.91%)

Transcript

Christopher Michael Horvers

JPMorgan Chase & Co, Research Division - Senior Analyst

Good morning, everybody. My name is Chris Horvers, I'm the broadlines and hardlines retail analyst here at JPMorgan, and welcome to our 7th Annual Retail Roundup. We started as a small event as virgins and we have a full-blown conference this year. So thank you for joining us, and we look forward to next year, hopefully, doing some of this in person.

It's my pleasure to have with us the Ulta management team, including President and CEO-elect, Dave Kimbell, for a first set of meetings since the big news of his assumed succession to the CEO seat as well as Scott Settersten, CFO; Chief Store Operations Officer, Kecia Steelman; as well as Kiley Rawlins and Patrick Flaherty from Investor Relations. Thank you for all your participation.

In terms of this format, it's fireside. Dave is going to start with some opening remarks. I'll do questions, but we will reserve some time at the end when you can ask direct questions to the management team, there are 2 options. One can use the raise hand feature, where

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