Ulta Beauty, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Accrued liabilities

12 Months Ended

Jan. 31, 2026

11. Accrued liabilities

Accrued liabilities consist of the following:


	January 31,			February 1,
(In thousands)	2026			2025
Accrued payroll, bonus, and employee benefits	$	248,938		$	148,527
Accrued taxes		75,071			60,716
Accrued advertising		53,547			46,610
Accrued capital expenditures		33,884			13,598
Other accrued liabilities		139,940			110,790
Accrued liabilities	$	551,380		$	380,241