Ulta Beauty (ULTA) Tops Q2 Earnings and Revenue Estimates

Ulta Beauty reported Q2 2026 earnings of $6.55 per share, beating consensus estimates of $6.21, with revenues of $3.04 billion exceeding expectations by 2.10%. However, the stock has declined 10.2% year-to-date compared to the S&P 500's 12.1% gain. The company received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market. Five Below is expected to report earnings on September 2 with projected EPS of $1.32, representing 63% year-over-year growth.