Ulta Beauty, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

Revenue (Tables)

6 Months Ended

Jul. 29, 2023

Schedule of approximate percentage of net sales by primary category

The following table sets forth the approximate percentage of net sales by primary category:


		13 Weeks Ended				26 Weeks Ended
		July 29,		July 30,		July 29,		July 30,
(Percentage of net sales)		2023		2022		2023		2022
Cosmetics		40%		42%		42%		43%
Haircare products and styling tools		21%		22%		19%		21%
Skincare		20%		17%		20%		17%
Fragrance and bath		12%		12%		12%		12%
Services		4%		4%		4%		4%
Accessories and other		3%		3%		3%		3%
		100%		100%		100%		100%

Summary of changes in deferred revenue


		13 Weeks Ended						26 Weeks Ended
		July 29,			July 30,			July 29,			July 30,
(In thousands)		2023			2022			2023			2022
Beginning balance		$	350,123		$	312,359		$	388,583		$	345,206
Additions to contract liabilities (1)			114,374			101,904			237,770			213,678
Deductions to contract liabilities (2)			(118,430)			(108,350)			(280,286)			(252,971)
Ending balance		$	346,067		$	305,913		$	346,067		$	305,913

(1)	Loyalty points and gift cards issued in the current period but not redeemed or expired.

(2)	Revenue recognized in the current period related to the beginning liability.