Ulta Beauty, Inc. (ULTA)
The company now
Ulta Beauty reported net sales of $3.0 billion for the second quarter of fiscal 2026, up 8.9 percent 2. Comparable sales, which measure sales at stores and online platforms after their first year, rose 3.8 percent 2.
The company said the growth came mainly from stronger comparable sales, the Space NK acquisition and new stores 2. Operating income rose 10.1 percent to $379.6 million 2. Diluted earnings per share were $6.55, against $5.78 a year earlier 2.
Gross margin, the share of each sales dollar left after the cost of goods, slipped to 39.1 percent from 39.2 percent, which the company put down to the mix of Space NK's business 2.
Chief executive Kecia Steelman said the quarter showed the Ulta Beauty Unleashed strategy working for guests, and the company raised its fiscal 2026 outlook 2. It now expects net sales growth of 6.7 percent to 7.2 percent and diluted earnings per share of $28.70 to $29.00 2.
The open question is how much the newer businesses add, since the annual report names wellness, an online marketplace, international expansion and a retail media network as the initiatives it believes can add growth 1.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.