瑞银认为，这些因素对下半年业务发展都十分有利。然而，该公司的指引显示将大幅放缓，预计同店销 售增速将在持平到低个位数区间。考虑到消费者面临的不确定性，以及Ulta Beauty近期经历的挑战，这 种谨慎态度是合理的。不过，瑞银仍认为，该公司已为持续跑赢行业做好准备，并可能进一步推动盈利 预期上调周期。 智通财经APP获悉，在化妆品零售商Ulta Beauty(ULTA.US)公布最新财报后，瑞银发布研报称，Ulta Beauty目前形势良好，其股价可能还有进一步上涨空间。瑞银指出，随着Ulta Beauty每个季度交出强劲 业绩并在设定预期时持保守态度，相信市场更有可能给予其更高的估值倍数。瑞银在财报中予Ulta Beauty"买入"评级，12个月目标价由此前的640美元上调至680美元，最新目标价较该股上周五收盘价有 约38%的上涨空间。 瑞银表示，就第二季度而言，Ulta Beauty的业绩几乎挑不出太大问题——同店销售增长6.7%，远高于市 场普遍预期的5%。这一增长由3.7%的交易量增加和2.9%的客单价提升共同推动。尽管美容市场在第 一、二季度出现改善，Ulta Beauty的提升幅度超越了整个行业 ...

Ulta Beauty, Inc. ULTA shares slipped Friday despite the beauty retailer delivering better-than-expected quarterly results and raising its full-year outlook.The company reported second-quarter revenue of $2.79 billion, topping analyst estimates of $2.67 billion. Earnings of $5.78 per share also beat expectations of $4.97, according to Benzinga Pro. Ulta lifted its fiscal 2025 revenue guidance to between $12 billion and $12.1 billion. That’s up from its prior forecast of $11.5 billion to $11.7 billion, and n ...

Welcome back. Shares of Ulta Beauty are higher. Second quarter results topping expectations with same store sales growth of 6.7% versus estimates of 2.9%.Ulta raised its fullear outlook, but warned of a potential pullback by consumers for the second half of the year. Ulta expects comp sales to be flat to up by low single digits percentage. Earlier this month, the company announced it was ending its partnership with Target next year.It had originally launched in 2021 with Ulta creating many shops within Targ ...

美国消费者在其他非必需消费领域减少了开支或有所缩减，但美容产品仍是消费者热衷购买的品类之 一。然而，这却使得Ulta面临更为激烈的竞争。像LVMH旗下的丝芙兰(Sephora)、大型零售商沃尔玛 (WMT.US)以及百货公司柯尔百货(KSS.US)等专业品牌都纷纷扩充了其美容业务。 对于投资者而言，关税问题对零售商来说也是一个备受关注的挑战。与其他零售商相比，Ulta并非如此 直接地受到冲击。Lialios在 5 月份的公司财报电话会议上表示，上一财年，该公司约 1%的商品是直接 进口的。她当时还指出，公司因更高关税而面临的风险大多较小，比如店铺设施和物资等。 Ulta临时首席财务官Chris Lialios在财报电话会议上表示，预计下半年的同店销售额将持平或仅小幅增长 (增幅在低个位数百分比范围内)——即Ulta目前预计今年的同店销售额将增长2.5%至 3.5%，而此前的 预期为不超过 1.5%。这将比第二季度 6.7%的增幅有所下降，但这一成绩仍超出了华尔街的预期。该结 果为上半年的强劲表现画上了句号，促使该公司上调了全年预期。 其次，该公司还预计2025 财年的销售额将在 120 亿至 121 亿美元之 ...

Group 1 - Ulta Beauty reported revenue of $2.79 billion for the quarter ended July 2025, reflecting a year-over-year increase of 9.3% [1] - The company's EPS for the quarter was $5.78, up from $5.30 in the same quarter last year, indicating a strong performance [1] - The reported revenue exceeded the Zacks Consensus Estimate of $2.65 billion by 5.1%, and the EPS surpassed the consensus estimate of $5.03 by 14.91% [1] Group 2 - Comparable sales increased by 6.7% year-over-year, significantly higher than the average estimate of 2.2% from nine analysts [4] - The total number of stores open at the end of the quarter was 1,473, surpassing the average estimate of 1,466 from seven analysts [4] - The company opened 24 new stores during the quarter, exceeding the average estimate of 13 based on five analysts [4] Group 3 - Total gross square footage at the end of the quarter was 15,353.55 thousand square feet, compared to the average estimate of 15,293.55 thousand square feet [4] - Net sales per average total square footage were $181.62, higher than the estimated $175.52 from four analysts [4] - Ulta's stock has returned +3.2% over the past month, outperforming the Zacks S&P 500 composite's +1.5% change [3]

Ulta Beauty (ULTA) Q2 2026 Earnings Call August 28, 2025 04:30 PM ET Company ParticipantsKiley Rawlins - SVP - IRKecia Steelman - President, CEO & DirectorChris Lialios - Interim CFODana Telsey - CEO & Chief Research OfficerSimeon Gutman - Managing DirectorSteven Forbes - Senior MD - Equity ResearchKate McShane - Managing DirectorOliver Chen - Managing Director - Retail, Luxury, New Platforms Sector HeadConference Call ParticipantsMichael Binetti - Senior MD & Fundamental Research AnalystAdrienne Yih - MD & ...

Financial Data and Key Metrics Changes - Net sales increased by 9.3% to $2.8 billion compared to $2.6 billion last year [6][32] - Operating profit increased by 4.8% to $345 million, with an operating margin of 12.4%, down from 12.9% last year [37] - Diluted earnings per share rose by 9.1% to $5.78, including a $0.03 benefit from income tax accounting for stock-based compensation [37] Business Line Data and Key Metrics Changes - Comparable sales grew by 6.7%, driven by a 3.7% increase in transactions and a 2.9% increase in average ticket [33] - Fragrance category led with double-digit growth, supported by successful promotions and new brand launches [12] - Skin care and wellness category saw high single-digit growth, while makeup delivered mid single-digit comp growth [13][14] Market Data and Key Metrics Changes - The U.S. beauty category showed stable growth, with low single-digit growth in mass and mid single-digit growth in prestige beauty [8] - Engagement with beauty and wellness remains healthy, with consumers prioritizing their beauty regimens despite economic pressures [9] Company Strategy and Development Direction - The company is focused on its "Ulta Beauty Unleashed" strategy, which aims to enhance core business growth and improve operational excellence [7][19] - International expansion includes the acquisition of Space NK to enter the UK market and plans for new stores in Mexico and the Middle East [23][25] - The company is enhancing its assortment and brand building capabilities, launching 24 new brands during the quarter [20] Management's Comments on Operating Environment and Future Outlook - Management remains cautious about consumer spending in the second half of the year, despite strong first-half performance [29][43] - The company expects consolidated net sales for the year to be between $12 billion and $12.1 billion, with comp sales growth projected at 2.5% to 3.5% [40] - Operating profit is expected to decrease in the high single-digit range, reflecting ongoing macroeconomic uncertainties [41] Other Important Information - The company ended the quarter with $243 million in cash and cash equivalents and $289 million in short-term debt [38] - SG&A expenses increased by 15% to $742 million, influenced by higher incentive compensation and transaction expenses related to the Space NK acquisition [36] Q&A Session Summary Question: What is the sustainability of the initiatives under the Beauty Unleashed plan? - Management expressed confidence in the momentum of the Beauty Unleashed plan but acknowledged higher comps in the second half of the year [45][48] Question: Can you clarify the assumptions behind the comp range for the back half of the year? - Management indicated that while they are cautiously optimistic, they expect comp sales to be flat to low single digits in the second half due to ongoing economic conditions [52][57] Question: How is the promotional backdrop in the beauty sector evolving? - Management noted that promotional activity has been lower than in previous years, with a focus on optimizing key offers and events [60][61] Question: What are the growth prospects for the wellness category? - The wellness market is seen as a significant growth opportunity, with plans to expand product offerings and store footprint [63] Question: How is the company addressing competitive pressures and store recovery? - Management reported steady improvement in comp trends and emphasized the importance of their loyalty program in recapturing customers [70][74]

Ulta Beauty raised its full-year outlook after reporting second-quarter sales that topped expectations, a sign that spending on cosmetics is holding up https://t.co/Z8CIBiZdow ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended August 2, 2025 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____________ to _____________ Commission File Number: 001-33764 ULTA BEAUTY, INC. (Exact name of Registrant as specified in its charter) Delaware (State ...

Exhibit 99.1 ULTA BEAUTY ANNOUNCES SECOND QUARTER FISCAL 2025 RESULTS Net Sales Increased 9.3% to $2.8 Billion Compared to $2.6 Billion in the Prior Year Quarter Comparable Sales Increased 6.7% Net Income Increased to $260.9 Million or $5.78 Per Diluted Share Bolingbrook, IL – August 28, 2025 – Ulta Beauty, Inc. (NASDAQ: ULTA) today announced financial results for the thirteen-week period ("second quarter") and twenty- six-week period ("first six months") ended August 2, 2025, compared to the same periods e ...