Ulta Beauty, Inc. Annual report pursuant to Section 13 and 15(d)

Property and equipment

12 Months Ended

Jan. 28, 2023

6. Property and equipment

Property and equipment consists of the following:


	January 28,		January 29,
(In thousands)	2023		2022
Equipment and fixtures	$	1,147,870	$	1,118,312
Leasehold improvements		855,695		813,068
Electronic equipment and software		663,497		609,734
Construction-in-progress		196,117		91,897
		2,863,179		2,633,011
Less: accumulated depreciation and amortization		(1,853,906)		(1,718,535)
Property and equipment, net	$	1,009,273	$	914,476