Ulta Earnings Reports

Ulta Beauty posted a strong Q2 with 9.3% revenue growth, boosted by increased comparable sales and broad-based category strength. Net income and EPS also saw healthy gains.

Ulta Beauty delivered stronger-than-expected results in Q1 FY25, with increases in revenue and EPS. The company saw improved comparable sales and announced an upward revision of its full-year EPS guidance.

Ulta Beauty reported net sales of $3.49 billion, reflecting a 1.9% YoY decline due to the prior year's extra week. Comparable sales increased by 1.5%, supported by higher average ticket size. Net income remained stable, while diluted EPS increased to $8.46. The company continued expansion, adding 8 net new stores during the quarter.