Quarterly report [Sections 13 or 15(d)]

Subsequent events

v3.25.2
Subsequent events
6 Months Ended
Aug. 02, 2025
Subsequent events  
Subsequent events

15. Subsequent events

On August 14, 2025, the Company and Target Corporation mutually agreed not to renew the Ulta Beauty at Target shop-in-shop partnership when the current agreement concludes in August 2026. Until then, the Ulta Beauty at Target experience will continue in Target stores and on Target.com.

On August 27, 2025, the Company entered into Amendment No. 4 to its Second Amended and Restated Loan Agreement, which amended and restated the existing agreement. The new loan agreement increases the revolving facility by an additional $200,000 and provides maximum revolving loans equal to the lesser of $1,000,000 or a percentage of eligible owned inventory and eligible owned receivables.