Ulta Beauty (ULTA): $404.06
Market Cap: $18.73B
EV: $20.69B
Unlike Sephora, owned by LVMH, and known for its global presence and luxury focus, Ulta remains U.S.-based and caters to a wider price spectrum. In a competitive market that includes Sally Beauty Holdings (SBH), which specializes in professional-grade beauty supplies, Ulta stands out with its inclusive product offerings and in-store services, effectively reaching a broader audience.