Ulta Beauty’s Q2 Results Exceed Expectations, Boosting 2025 Forecast and Shares
Ulta Beauty has delivered a remarkable second quarter, outperforming Wall Street predictions and elevating its full-year outlook. The cosmetics retailer reported earnings per share of $5.78, surpassing analyst estimates of $4.99. Meanwhile, revenue saw a 9.3% increase to $2.79 billion, significantly exceeding the $2.66 billion forecast.
The company has raised its 2025 revenue forecast to $12.0-12.1 billion, a considerable increase from the previous $11.5-11.7 billion range. Additionally, earnings guidance has been boosted to $23.85-24.30 per share, up from $22.65-23.20.
CEO Kecia Steelman emphasized the company’s 6.7% comparable sales growth and its expansion into new markets. This growth has been facilitated by the recent acquisition of UK-based Space NK.
Despite concerns about tariffs, the beauty sector remains resilient as consumers continue to prioritize their beauty routines. Following the announcement, the stock saw a 5.7% increase in after-hours trading.
Source: CNBC