Quarterly ResultJun 2, 2026, 04:13 PM
Ulta Beauty Q1 Sales Up 11.1% to $3.2B; EPS $7.74
AI Summary
Ulta Beauty announced strong first quarter fiscal 2026 results, with net sales up 11.1% to $3.2 billion and diluted EPS rising 15.5% to $7.74. The company also updated its fiscal 2026 guidance, maintaining expectations for net sales and comparable sales growth while slightly adjusting operating income and EPS outlooks. Ulta Beauty returned $555.0 million to shareholders through share repurchases during the quarter.
Key Highlights
- Net sales increased 11.1% to $3.2 billion.
- Comparable sales increased 5.3%, driven by a 3.7% increase in average ticket and a 1.6% increase in transactions.
- Operating income increased 11.6% to $448.3 million, representing 14.2% of net sales.
- Diluted EPS increased 15.5% to $7.74.
- The company repurchased 958,323 shares for $555.0 million.
- Updated fiscal 2026 guidance remains unchanged for net sales and comparable sales growth.
- Operating income growth guidance updated to 6.5% to 9% and EPS guidance to $28.36 to $28.80.
Price Impact
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