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Ulta Beauty beats earnings estimates, raises 2026 outlook on strong sales and value focus

Company Fundamentals
03 Jun 2026
Lekha Gupta
View Source
Bullish
pluang ai news

Ulta Beauty reported first-quarter fiscal 2026 earnings of $7.74 per share, surpassing analyst estimates of $6.86, with revenue rising 11.1% year-over-year to $3.16 billion. The company saw growth across fragrance, haircare, makeup, and skincare categories, driven by a mix of mass-to-luxury products and loyalty programs amid inflation pressures. Ulta expanded internationally with new stores in Mexico and the Middle East, launched an AI digital assistant, and plans a new distribution center and flagship store. It raised its full-year earnings guidance to $28.36-$28.80 per share and maintained revenue and sales growth forecasts, signaling confidence despite economic challenges.

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