Overview

• Ulta now projects fiscal 2025 net sales of $12.0–$12.1 billion and EPS of $23.85–$24.30, up from prior guidance.
• Second-quarter revenue reached $2.79 billion with earnings of $5.78 per share, topping consensus estimates.
• Comparable sales rose 6.7% year over year, driven by a 3.7% increase in transactions and a 2.9% gain in average ticket.
• Shares climbed about 5%–6% in after-hours trading following the results and guidance raise.
• The retailer added 24 stores net of closures to 1,473 locations, reported inventories up 20.5% to $2.4 billion with $242.7 million in cash, and highlighted its Space NK acquisition for U.K. and Ireland expansion as it continues a CFO search.