| Stage | ULTA | % of rev | BBWI | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.0B | 100.00% | $1.5B | 100.00% | ULTA ×2.01 |
| Gross profit | $1.2B | 39.10% | $692M | 45.71% | BBWI +6.6pp |
| Operating income | $380M | 12.51% | $216M | 14.27% | BBWI +1.8pp |
| Pre-tax income | $376M | 12.38% | $164M | 10.83% | ULTA +1.6pp |
| Net income | $282M | 9.29% | $118M | 7.79% | ULTA +1.5pp |
| Stage | ULTA | BBWI | Gap · A − B |
|---|---|---|---|
| Revenue | $3.0B100.00% | $1.5B100.00% | ULTA ×2.01 |
| Gross profit | 39.10%$1.2B | 45.71%$692M | BBWI +6.6pp |
| Operating income | 12.51%$380M | 14.27%$216M | BBWI +1.8pp |
| Pre-tax income | 12.38%$376M | 10.83%$164M | ULTA +1.6pp |
| Net income |
| 9.29%$282M |
| 7.79%$118M |
| ULTA +1.5pp |
No shared counterparties.