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. 29, 2022

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 29,		October 30,			October 29,		October 30,
(Percentage of net sales)		2022		2021			2022		2021
Cosmetics		44%		45%			43%		44%
Haircare products and styling tools		21%		21%			21%		20%
Skincare		16%		16%			17%		17%
Fragrance and bath		12%		12%			12%		12%
Services		4%		3%			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 29,			October 30,			October 29,			October 30,
(In thousands)		2022			2021			2022			2021
Beginning balance		$	305,913		$	256,227		$	345,206		$	269,032
Additions to contract liabilities (1)			97,521			92,074			224,938			201,106
Deductions to contract liabilities (2)			(99,443)			(85,078)			(266,153)			(206,915)
Ending balance		$	303,991		$	263,223		$	303,991		$	263,223

(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.