Ulta Beauty - Statistics & Facts

Ulta Beauty, otherwise known as Ulta Salon, Cosmetics & Fragrance, Inc., is a retailer of beauty products across the United States. Founded in 1990, the company had 974 stores across the United States in 2016. Operating in the United States means that the company retails in a market that is both significant in size and is continuing to grow. Projections for the revenue of the beauty and personal care industry in the United States from 2009 to 2019 suggest that growth will see revenues breach the 80 billion mark in 2019. There is significant diversity in regards to the distribution channels of beauty retail products. Although grocery retailers and mass merchandisers command the highest share, their combined total remains less than half of the market share in regards to revenue.

Ulta Beauty is widely recognized as a major player in cosmetics retail. Between 2012 and 2016, the company’s net sales revenue increased from 2.22 billion to 4.85 billion U.S. dollars, while income increased from 172.5 million to 409.8 million U.S. dollars. In 2016, Ulta Beauty controlled about eight percent of the online beauty sales market, ahead of Nordstrom but behind Amazon.com.

Although continued success in any market is far from guaranteed, Ulta Beauty has reason to believe that their appeal will remain strong. A 2016 survey of upper-income teens showed that 20 percent of respondents viewed Ulta as their preferred beauty destination. Possessing significant purchasing power, success with this cohort of consumers may be an asset for Ulta for years to come.

Interesting statistics

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Ulta Beauty

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