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"Us" monthly financial report
Release Time:
Jun 26,2025
"Us" monthly financial report
Ulta Beauty released its Q1 financial report for fiscal year 2024
On May 30th, Ulta Beauty, the largest beauty retailer in the United States, released its Q1 financial report for fiscal year 2024. Data shows that in the first quarter, Ulta's net sales reached 2.725 billion US dollars (approximately 19.732 billion yuan), representing a year-on-year increase of 3.5%. Ulta stated that the growth in net sales was mainly attributed to the increase in comparable sales, contributions from new stores, and growth in other revenues. From the perspective of business segments, the cosmetics segment accounts for the largest proportion of net sales, reaching 42%, followed by skin care products at 23%, hair care products at 19%, and perfumes and fragrances at 10%. In addition, in the first quarter of 2024Q1, Ulta opened 12 new stores and closed 2. As of the first quarter of fiscal year 2024, the company operated a total of 1,395 stores.
Koleo has achieved growth for 12 consecutive quarters
On May 15th, South Korean beauty group Kolao released its financial report for the first quarter of 2024. As of March 31, Koleo achieved sales of 92.976 billion won (approximately 494 million yuan), an increase of 24% compared to the same period last year. The operating profit reached 8.509 billion won (approximately 45.1828 million yuan), increasing by 63% year-on-year. It is reported that in this quarter, Koleo's sales successfully surpassed the historical record of 89.7 billion won (approximately 476 million yuan) set in the fourth quarter of the previous fiscal year, and it has achieved growth for 12 consecutive quarters.
Alibaba has returned to the growth track
On May 14th, Alibaba Group released its financial report for the period ending March 31, 2024 and for the full year. According to the financial report, Alibaba Group's revenue in this quarter reached 221.874 billion yuan, with a year-on-year growth of 7%. The operating profit was 14.765 billion yuan, which decreased by 3% year-on-year. Among them, the GMV of Taotian and international e-commerce business both achieved double-digit year-on-year growth. Wu Yongming, the CEO of Alibaba Group, declared: "Alibaba is getting back on the track of growth."
Miniso sold 3.724 billion yuan in the first quarter of 2024
On May 14th, MINISO released its unaudited financial performance report as of March 31, 2024. The report indicates that MINISO's total revenue in the first quarter of this year reached 3.724 billion yuan, an increase of 26% compared with the same period last year. Its adjusted net profit was 617 million yuan, representing a year-on-year increase of 27.7%. The adjusted net profit margin was 16.6%, compared with 16.4% in the same period of 2023. As of March 31, 2024, MINISO had 6,630 stores worldwide, an increase of 1,116 compared with the same period last year and a growth of 217 compared with the previous quarter.
Avon's international beauty business declined by 4.2%
Not long ago, Natura&Co, the Brazilian beauty giant and the parent company of Avon, released its financial report for the first quarter of 2024. According to the financial report, Natura&Co's consolidated net income in the first quarter reached 6.105 billion reais (approximately equivalent to 8.581 billion yuan), and its sales decreased by 5.7% compared with the same period. Gross profit also decreased by 4.3% to 3.978 billion reais (approximately 5.591 billion yuan). Excluding The related revenue of The Body Shop, Avon's international beauty business declined by 4.2% to 1.397 billion reais (approximately 1.964 billion yuan).
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