Ulta Beauty raised its fiscal 2026 earnings guidance after reporting first-quarter results that surpassed estimates. The company now expects earnings per share between $28.36 and $28.80, up from its prior range of $28.05 to $28.55, while maintaining net sales growth guidance of 6% to 7%. First-quarter earnings per share came in at $7.74, beating the consensus estimate of $6.90, and net sales rose 11.1% to $3,163.9 million. Comparable sales increased 5.3%, driven by broad-based strength across categories, with fragrance delivering high-teens comparable growth. The company also continued its strategic initiatives, including launching a TikTok Shop and expanding its loyalty program to approximately 46.9 million members.
Ulta Beauty Incraised FY26 EPS guidance and beat Q1 earnings estimates
Bath & Body Works Inc.