Ulta Beauty Surpasses Q2 Earnings Expectations with a 15% Leap
Ulta Beauty delivered an impressive performance in the second quarter of 2025, significantly exceeding Wall Street expectations. The beauty retailer reported earnings per share of $5.78, surpassing analyst estimates by 15%, while revenue reached $2.79 billion compared to the expected $2.67 billion.
The company’s net income rose to $260.88 million from $252.6 million in the previous year, demonstrating the resilience of the beauty sector even amid economic uncertainty. CEO Kecia Steelman attributed the success to strong performance from new brand additions including:
- Sol de Janeiro
- Peach & Lily (exclusive Korean beauty brand)
- Shakira’s hair care brand Isima
Ulta also announced strategic expansions, including the recent acquisition of British beauty retailer Space NK and plans to open its first Middle East location later this year. The company raised its fiscal 2025 outlook despite cautious consumer spending patterns, with Steelman noting that beauty enthusiasts continue to prioritize their beauty regimens despite economic pressures.
Source: CNBC