Ulta Beauty Surges to 92nd in Trading Volume with $811 Million Turnover

On May 29, 2025, Ulta Beauty (ULTA) saw a significant surge in trading volume, with a turnover of $811 million, marking a 155.24% increase from the previous day. This surge placed Ulta Beauty at the 92nd position in terms of trading volume for the day. The stock price of Ulta Beauty rose by 1.15%.

Ulta Beauty reported a 4.5% increase in net sales for the first quarter of 2025, reaching $2.8 billion. This growth was driven by a 2.9% increase in comparable sales, which was fueled by a 2.3% rise in the average transaction value and a 0.6% increase in the number of transactions. The company's gross profit also saw a 4.2% increase to $1.11 billion, although as a percentage of net sales, it slightly decreased to 39.1% due to higher fixed costs and lower other revenue.

Ulta Beauty's operating income for the quarter was $401.8 million, or 14.1% of net sales, compared to $400.9 million, or 14.7% of net sales, in the same period last year. The company's net income for the quarter was $305.1 million, with diluted earnings per share at $6.70. The tax rate increased to 24.6% due to reduced benefits from income tax accounting for stock-based compensation.

Ulta Beauty's balance sheet showed cash and cash equivalents of $454.6 million at the end of the first quarter. Merchandise inventories increased by 11.3% to $2.1 billion, primarily due to inventory to support new brand launches and strategic investments in key categories. The company also repurchased 986,733 shares of its common stock at a cost of $358.7 million during the quarter.

Ulta Beauty opened six new stores, remodeled four stores, and relocated two stores during the first quarter. The company operated a total of 1,451 stores, covering 15.2 million square feet. Ulta Beauty has updated its fiscal 2025 outlook, raising its net sales guidance to a range of $11.5 billion to $11.7 billion and its comparable sales guidance to a range of 0% to 1.5%. The company also increased its diluted earnings per share guidance to a range of $22.65 to $23.20.