Ulta Beauty To Temporarily Close Stores

As a precautionary measure due to the coronavirus, Ulta Beauty will temporarily close all of its stores effective 6:00 p.m. on March 19, 2020 until at least March 31, 2020. However, most stores will continue to be outlets for buy online and pick up in store as allowed by local and state regulations, and all consumers can continue to shop through the Ulta Beauty app or online.

Due to the fast-moving nature of the situation and the uncertainty of impacts on costs and revenue, the company is withdrawing guidance previously issued for fiscal 2020. The company is not providing an updated outlook at this time.

“We understand the direct impact this will have on our associates and guests,” said Mary Dillon, CEO, Ulta Beauty. “But during these critical times, we believe it is absolutely necessary to prioritize their safety and that of the broader communities we serve. At Ulta Beauty, our associates are at the heart of our company. As such, we will continue to pay our store and salon associates and provide benefits for those who are currently enrolled during this period. As we track this situation closely, I want to make sure that our guests and associates know there is nothing more important than our collective health and safety. We look forward to the time when we can re-open our stores, bring our associates back together, and invite guests back into Ulta Beauty.”