Ulta Beauty's Q2 Results Outshine Peers, But Stock Down 3.9% Since Earnings

Ulta (NASDAQ:ULTA) reported Q2 revenues of $2.79 billion, up 9.3% YoY, beating analysts' expectations by 4.2%. Sally Beauty (NYSE:SBH) reported revenues of $933.3 million, flat YoY, in line with analysts' expectations. Both companies had strong quarters with impressive beats of analysts' EBITDA and EPS estimates. The stock prices of the companies have held steady, with Ulta down 3.9% and Sally Beauty up 45.3% since reporting.