ULTA - Ulta Beauty Inc. (ULTA) JPMorgan 10th Annual Retail Round Up Conference(Transcript)
2024-04-03 16:31:10 ET
Ulta Beauty, Inc. (ULTA)
JPMorgan 10th Annual Retail Round Up Conference
April 03, 2024, 09:00 AM ET
Company Participants
David Kimbell - Chief Executive Officer
Paula Oyibo - Senior Vice President, Finance at Ulta Beauty
Conference Call Participants
Christopher Horvers - JPMorgan
Presentation
Christopher Horvers
Great. Thank you, everybody, for joining us today for our 10th annual retail round up. It gets bigger and bigger every year. We've had one company who has been a consistent participant and supporter of the Retail Round Up. So we really appreciate and happy to welcome Ulta back -- Ulta Beauty back to the Retail Round Up this year.
With me today are Dave Kimbell, the Chief Executive Officer, and then welcoming for her first time is Paula Oyibo, the new Chief Financial Officer. So welcome today, and welcome to the world of conferences. I would love to have a download on what you think afterwards.
David Kimbell
And yesterday was her birthday. So this is a great celebration of her birthday. So right.
Christopher Horvers
Happy birthday.
David Kimbell
Yes. Right.
Question-and-Answer Session
Q - Christopher Horvers
So I'm going to ask questions. And then towards the end, we will open it up for Q&A. Please wait for the microphone to come to you to make sure that those on the webcast can hear it.
So my first question is a question that we're going to ask every company who is presenting today. So retail commentary on the consumer has been mixed, depending on who you're talking to, some calling out weakness at the low end, shopping close to need. Others are citing greenshoots and some of the hard goods discretionary categories. How would you describe the current state of the consumer from Ulta's vantage point? And how has that changed over the past six to 12 months?...
Ulta Beauty, Inc. (ULTA) JPMorgan 10th Annual Retail Round Up Conference(Transcript)