Ulta Beauty Raises Full-Year Outlook Following Strong Second-Quarter Performance
Ulta Beauty has raised its full-year guidance after reporting stronger-than-expected sales and earnings for the second quarter of fiscal year 2026. The company now anticipates net sales growth between 6.7% to 7.2%, up from a previous range of 6% to 7%. It also increased its comparable sales outlook, operating income forecast, and diluted earnings per share guidance. For the quarter ended August 1, Ulta Beauty reported $3.03 billion in net sales, reflecting growth driven by strong comparable store performance, new stores, and the acquisition of Space NK. Operating income rose to $379.6 million, a year-over-year increase of 10.1%, while diluted earnings per share climbed 13.3% to $6.55. The company remains on track with its capital expenditure plans for new store development and technology investments.
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