Sephora Financial Performance: Revenues, Expenses, and Profits

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The platform had 1.3 million active consumers from 120 different countries. It also hosted over 35,000 products from over 800 brands. The platform was acquired from Palamon Capital Partners for $27.6 million in 2012. Reports indicated that the purchase price was $140.3. In 2021, JCPenney, which housed several small Sephora stores, filed for bankruptcy.

Sephora quickly seized the opportunity to seek out a partnership. In August 2021, Sephora launched its first series of stores inside Kohl’s stores. Both Kohl’s and Sephora sought to attract new customers through their partnership. Ultimately, Sephora hopes to have approximately 850 branded beauty departments by 2023.


Sephora’s financial performance in the third quarter of 2022 met the company’s expectations. physician data The company attributes this success to effectively managing the business and overcoming challenging macroeconomic conditions. As high inflation impacts consumer spending, Sephora’s middle-income customers continue to scale back their purchasing power and opt for value-based private brands.