Ulta (ULTA) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Ulta Beauty reported $3.04 billion in revenue for Q2 2026, up 8.9% year-over-year and exceeding the consensus estimate of $2.97 billion by 2.1%. EPS came in at $6.55 versus $6.21 expected, representing a 5.48% surprise. Comparable sales grew 3.8% versus the 2% estimate, with strong performance in haircare (+20%) and fragrance (+13%) categories. The company opened 14 new stores during the quarter. Ulta's stock has gained 6.9% over the past month and currently holds a Zacks Rank #3 (Hold) rating.