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May 30, 2025
Ulta Stock Earnings: On Friday, Ulta Beauty (ULTA) stock surged nearly 15%. This boost came right after the company announced impressive earnings that topped expectations.
Ulta also raised its future sales forecast. Shoppers are still keen to spend on personal care and beauty products.
Ulta reported first-quarter earnings of $6.70 per share. That’s on sales that grew 4.5% from last year, reaching $2.85 billion.
These results beat what Visible Alpha had predicted. Comparable store sales also did better than expected.
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They rose 2.9%, well above the 0.37% estimate from analysts.
AlphaSense shared a transcript of the earnings call. CEO Kecia Steelman said that fragrance sales played a big part in driving growth.
These sales grew by double digits. She also highlighted the impact of fresh and exclusive brands.
According to Steelman, many customers are turning to beauty products for comfort.
She said it’s a way for them to escape the stress of an unpredictable economy.
Steelman said that the current market conditions are ‘fluid.’ She also noted that Ulta’s future outlook considers the uncertainty of consumer spending.
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Even with that, Ulta decided to raise its full-year earnings guidance. Now, they expect earnings per share to be between $22.65 and $23.20.
That’s higher than their earlier projection of $22.50 to $22.90. Ulta also raised its sales outlook.
They now expect sales to reach as high as $11.7 billion, up from the previous $11.6 billion estimate.
Ulta Beauty’s stock jumped more than 14% soon after Friday’s opening bell.
This rally helped the shares climb into positive ground for the year. Investors reacted strongly to the news.
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