Ulta Faces Bigger Test From Shaky Consumer Spending Than Tariff Risks

Ulta Beauty Inc. ULTA heads into its second-quarter earnings report this week with momentum from resilient sales and expanding international ambitions, even as margin pressures and shifting consumer spending patterns test the retailer’s ability to sustain growth.The company will report second-quarter fiscal 2025 results on Thursday, Aug. 28, after the market close. Telsey Advisory Group analyst Dana Telsey raised her estimates ahead of the release, pointing to continued momentum despite a tough operating ba ...