An Ulta Magnificence retailer in Colma, California, US, on Wednesday, Dec. 3, 2025.
David Paul Morris | Bloomberg | Getty Photos
Ulta Magnificence on Tuesday reported quarterly outcomes that beat on the highest and backside traces and hiked its earnings outlook because the retailer noticed a robust begin to its fiscal yr.
Shares of the corporate rose as a lot as 7% in prolonged buying and selling.
Here is how the corporate carried out in its fiscal first quarter in contrast with what Wall Road was anticipating, in response to a survey of analysts by LSEG:
- Earnings per share: $7.74 vs. $6.86 anticipated
- Income: $3.16 billion vs. $3.10 billion anticipated
For the three-month interval ended Might 2, Ulta noticed internet gross sales improve roughly 11% in comparison with the year-ago interval. It reported comparable gross sales rose 5.3%, in comparison with StreetAccount estimates of up 4.6%.
Ulta reaffirmed its full-year same-store gross sales and income projections, however raised its full-year EPS steering to between $28.36 and $28.80. Its earlier outlook was earnings per share between $28.05 and $28.55.
“Fiscal 2026 is off to a robust begin pushed by broad-based progress throughout all channels and main classes,” CEO Kecia Steelman mentioned in a press release. “Our outcomes exhibit the strengths of our mannequin, targeted execution of our gifted associates and the effectiveness of our technique in an unsure macroeconomic panorama.”
On a name with analysts on Tuesday, Steelman mentioned the launch of Ulta’s TikTok Store, with a deal with Ulta-specific merchandise, throughout the quarter contributed to its success. The corporate additionally launched greater than 20 new manufacturers throughout the quarter, together with Selena Gomez’s fashionable make-up model, Uncommon Magnificence.
The corporate mentioned its strongest class for the quarter was fragrances, rising from 11% to 12% of whole income.
The earnings come as shopper confidence takes a dip amid hovering fuel costs and rising inflation, resulting in a pullback in discretionary spending.
“We’re working from a place of power on this surroundings and have a number of levers to fulfill company’ worth wants,” Steelman mentioned on the decision.