Ulta Beauty IncULTA
▲ PositiveCapitalrelevance
Raised full-year guidance after strong Q2 results
Impact on stocks 2
Consumer Discretionary
Ulta Beauty IncArtificial Intelligence
Amazon.com IncAMZN
Mentioned
Ulta Beauty reported higher second-quarter and six-month results for August 2026, with sales rising to US$3,035.68 million and net income to US$282.01 million, and raised its full-year 2026 guidance for net sales growth, operating income growth, and diluted earnings per share. The company also expanded its prestige hair care offerings, including CÉCRED, The Potion Studio, and Bio Ionic's exclusive Jade Dream Collection, reinforcing its position in higher-end beauty categories. The raised guidance is underpinned by momentum in prestige hair care, which supports the company's broader investment narrative. However, rising store and labor costs, along with shifting beauty spend online, could weigh on margins. Analysts' forecasts project $14.9 billion revenue and $1.4 billion earnings by 2029, with a fair value estimate of $627.25, representing a 15% upside to the current price.
Ulta Beauty IncRaised full-year guidance after strong Q2 results
Amazon.com Inc