Ulta Beauty Stock News

Major U.S. equities indexes were mixed in the final session of the holiday-shortened trading week as President Donald Trump reverted to an antagonistic tone on trade with China and the latest Personal Consumption Expenditures data showed that inflation fell more than expected in April.

Ulta raised its profit forecast for the current fiscal year. The stock rallied.

Ulta Beauty Inc (NASDAQ:ULTA) shares jumped more than 11% after it reported better-than-expected first quarter earnings and raised its full-year guidance. Earnings per share of $6.70 were significantly higher than the Wall Street estimate of $5.77.

U.S. equities were lower at midday as the market focused on the future of U.S.-China trade. The Dow Jones Industrial Average, S&P 500, and Nasdaq all lost ground.

Ulta Beauty's revenue rose 4.5% in the first quarter, driven by strong beauty product sales. People are buying beauty products as a comfort amid economic uncertainty, the CEO said.

Ulta Beauty, Inc. (NASDAQ:ULTA ) Q1 2025 Earnings Conference Call May 29, 2025 4:30 PM ET Company Participants Kiley Rawlins - SVP, IR Kecia Steelman - President & CEO Paula Oyibo - CFO Conference Call Participants Rupesh Parikh - Oppenheimer Olivia Tong - Raymond James Susan Anderson - Canaccord Genuity Korinne Wolfmeyer - Piper Sandler Christopher Horvers - JPMorgan Simeon Siegel - BMO Capita...

Shares of Ulta Beauty rallied after hours on Thursday as the cosmetics retailer grew slightly more upbeat on the year ahead — while still warning its outlook reflected “uncertainty around how consumer demand could evolve” amid concerns over tariffs and inflation.

Ulta Beauty raised its annual profit forecast after beating quarterly results on Thursday, as lower inventory losses as well as new launches such as Milk Makeup and K-Beauty skincare brands helped drive demand at its stores.