Key Takeaways Ulta Beauty (ULTA) shares surged to a record high on Friday after the cosmetics and fragrance retailer posted earnings that topped analysts' estimates and raised its outlook. The stock was up over 14% in recent trading, on track to finish the week at an all-time high and leading gains in the S&P 500. (Read our daily markets coverage here.) Beauty has been among retail's most resilient categories, outperforming apparel and other goods as consumers continue to spend on cosmetics, fragrances, and ...