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)

9 Months Ended

Oct. 28, 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				39 Weeks Ended
		October 28,		October 29,		October 28,		October 29,
(Percentage of net sales)		2023		2022		2023		2022
Cosmetics		42%		44%		42%		43%
Haircare products and styling tools		19%		21%		20%		21%
Skincare		19%		16%		19%		17%
Fragrance and bath		13%		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						39 Weeks Ended
		October 28,			October 29,			October 28,			October 29,
(In thousands)		2023			2022			2023			2022
Beginning balance		$	346,067		$	305,913		$	388,583		$	345,206
Additions to contract liabilities (1)			107,628			97,521			250,121			224,938
Deductions to contract liabilities (2)			(109,304)			(99,443)			(294,313)			(266,153)
Ending balance		$	344,391		$	303,991		$	344,391		$	303,991

(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.