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Ulta Beauty beats Q2 estimates, raises full-year sales and earnings guidance

Company Fundamentals
27 Aug 2026
Proactive Investors
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Bullish
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Ulta Beauty reported Q2 revenue of $3 billion, surpassing estimates, with EPS of $6.55 beating expectations. Comparable sales grew 3.8%, though slower than last year. The company raised its full-year sales growth forecast to 6.7%-7.2% and EPS guidance to $28.70-$29.00. Ulta also expanded its stock buyback program to $1.8 billion, reflecting confidence in its growth strategy and market position.

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