Overview

• Ulta posted first-quarter net sales of $2.8 billion, marking a 4.5 percent increase that beat analyst projections.
• Comparable sales rose 2.9 percent driven by a 2.3 percent lift in average ticket and a 0.6 percent rise in transaction volume.
• Adjusted earnings per share climbed to $6.70, surpassing the $5.81 forecast.
• The company lifted its annual profit forecast to $22.65-$23.20 per share and expanded its net sales outlook to $11.5 billion-$11.7 billion.
• Fragrance delivered double-digit growth while prestige skincare remained flat as new brand launches sustained customer demand.