Ulta Beauty has once again raised its full-year outlook after extending its sales growth in the second quarter.
The company now expects FY26 net sales to increase 6.7-7.2 per cent, compared to the prior guidance range of 6-7 per cent. Comparable sales growth forecast was also lifted to 3.2-3.7 per cent from the prior 2.5-3.5 per cent.
During the quarter ended August 2, net sales increased 8.9 per cent to $3 billion, partly driven by the acquisition of Space NK and contributions from new stores. Excluding these, comparable sales rose 3.8 per cent.
Operating income increased 10.1 per cent to $379.6 million, and net income grew 8 per cent to $282 million.
“Our team delivered another impressive quarter of strong sales, profit, and earnings growth, demonstrating that we are executing with discipline and translating our Ulta Beauty Unleashed strategy into tangible benefits for our guests,” said Kecia Steelman, president and CEO.
“We continue to strengthen our position as the ultimate beauty discovery destination, leveraging our unique understanding of our guests to drive excitement and growth through compelling innovation, value, experiences, and convenience,” Steelman added.