Ulta Beauty Stock Soars 10.22% on Strong Q1 Earnings

Ulta Beauty's stock surged 10.22% in pre-market trading on May 30, 2025, driven by strong first-quarter financial performance.
Ulta Beauty reported a 4.5% increase in net sales to $2.8 billion for the first quarter of 2025, driven by a 2.9% increase in comparable sales. The company's net income was $305.1 million, or $6.70 per share, compared to $313.1 million, or $6.47 per share, in the same period last year.
Ulta Beauty's strong performance was attributed to growth across various categories, including fragrance, body care, and sun care. The company's operating profit was 14.1% of sales, and it expects net sales to range between $11.5-11.7 billion for the fiscal year 2025, with comparable sales growth of 0-1.5% and EPS expected to be $22.65-23.20.
Analysts have responded positively to Ulta Beauty's earnings report, with Wells Fargo and Piper Sandler adjusting their price targets for the company. The strong first-quarter performance has boosted investor confidence in Ulta Beauty's ability to rebound from a challenging fourth quarter.

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