Ulta Beauty Inc at Oppenheimer Consumer Growth and E-Commerce Conference (Virtual) Transcript
Good morning, everyone. My name is Rupesh Parikh. I'm the Senior Food, Grocery and Consumer Products Analyst at Oppenheimer. I'm happy to introduce our next presenting company, Ulta Beauty. We're excited to have joining us today, Dave Kimbell, CEO; and Scott Settersten, CFO. So over the past several years, the Ulta management team has delivered significant shareholder value. Since January 2014, Ulta shares have increased roughly 300%, outperforming a gain of approximately 100% in the S&P 500 and an over 30% increase in the XRT ETF.
Ulta remains a top pick for us, and we still see double-digit upside from here. We believe the market continues to underappreciate the underlying strength of Ulta's unique beauty offering and a strong and consistent execution of the management team. So format of today's session will be a fireside chat going through a number of questions I prepared, and then we'll move -- then we'll take audience questions. So if you do have any questions, please put them in the chat under
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