Ulta Beauty Q2 Results Exceed Expectations, Raises Full-Year Guidance

Thursday, Aug 28, 2025 4:51 pm ET1min read

Ulta Beauty reported Q2 revenue of $2.79 billion, beating estimates, and comparable sales up 6.7% YoY. The company added 24 new stores, raised its fiscal year 2025 revenue guidance to $12 billion to $12.1 billion, and increased its full-year earnings forecast to $23.85 to $24.30 per share.

Ulta Beauty Inc. (NASDAQ: ULTA) has reported robust financial results for the second quarter of fiscal 2025, with revenue and earnings exceeding market expectations. The company's Q2 revenue stood at $2.79 billion, surpassing the consensus estimate of $2.67 billion. Comparable sales increased by 6.7% year-over-year (YoY), driven by a 3.7% increase in transactions and a 2.9% increase in average ticket size [1].

The company's earnings per share (EPS) for the quarter were $5.78, beating analyst estimates of $4.97 per share. Ulta Beauty also reported a 9.3% increase in total revenue year-over-year, with gross profit rising by 11.6% to $1.1 billion [2].

In addition to its strong financial performance, Ulta Beauty expanded its store footprint by adding 24 new stores and closing two, bringing the total number of locations to 1,473. Merchandise inventories increased by 20.5% year-over-year to $2.4 billion, reflecting the company's continued investment in new product launches and store expansions [1].

Looking ahead, Ulta Beauty has raised its fiscal year 2025 revenue guidance to a range of $12 billion to $12.1 billion, up from a previous range of $11.5 billion to $11.7 billion. The company also increased its full-year earnings forecast to a range of $23.85 to $24.30 per share, from a previous range of $22.65 to $23.20 per share [1]. The company expects full-year comparable sales growth of 2.5% to 3.5%, reflecting its cautious outlook on consumer demand in the second half of the year [1].

Ulta Beauty executives will further discuss the quarter's results in a conference call scheduled for today at 4:30 p.m. ET. The company's stock price was up 5.57% in after-hours trading on Thursday, closing at $560.17 [1].

References:
[1] https://www.benzinga.com/markets/earnings/25/08/47400954/ulta-beauty-q2-results-fueled-by-growth-across-all-major-categories-beauty-retailer-beats-revenue-eps-estimates-raises-guidance
[2] https://finance.yahoo.com/news/ulta-beauty-announces-second-quarter-200500245.html

Ulta Beauty Q2 Results Exceed Expectations, Raises Full-Year Guidance

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