Wall Street sees $6.20 a share from Ulta Beauty. Will it beat that when it reports Aug 27?
50% of users predicted YES — the community got this one right. 0 predictions cast.
Ulta Beauty reported second-quarter fiscal 2026 results on Aug. 27, posting diluted earnings per share of $6.55 against a Wall Street consensus of roughly $6.17 to $6.20, a clear beat of about 38 cents. Revenue rose 8.9% year over year to about $3.04 billion, also topping the roughly $2.98 billion analysts expected, driven by comparable sales growth of 3.8%. Operating income climbed 10.1% to $379.6 million and net income totaled $282 million.
Management raised full-year guidance, projecting net sales growth of 6.7% to 7.2%, up from a prior 6% to 7% range, and lifted full-year diluted EPS guidance to $28.70-$29.00 from $28.36-$28.80. The beat came even as comparable-sales growth decelerated roughly 290 basis points from the year-ago quarter.
Despite exceeding estimates on both the top and bottom lines and raising its outlook, Ulta shares fell in after-hours trading, as investors focused on the slowing comparable-sales trend rather than the headline beat. The community was split evenly at 50% heading into the report, reflecting how close consensus estimates sat to what the company ultimately delivered.