ULTA
Ulta BeautyPrevious close
640.43
Change
−7.85 / −1.21%
P/E (TTM) ?
22.6
Market Cap
$27.3B
1M
+17.26%
S&P 500 −0.91% over same period
Volume / Avg Volume
549K / 466K
1.18× average
Latest earnings analysisFY2026 Q2Reported 2026-08-27
Ulta Beauty Q2 FY2026: sales up 8.9%, EPS up 13.3%, outlook raised
Ulta Beauty's fiscal 2026 second quarter was steady rather than spectacular: sales rose 8.9% to $3.04 billion and diluted EPS climbed 13.3% to $6.55, while gross margin slipped 0.1 point to 39.1%. Management raised its full-year outlook on sales, comparable sales, operating income and EPS. Read the quarter as cost discipline and buybacks doing the heavy lifting, with the Space NK acquisition a mild drag on gross margin.
Read the full analysis →Revenue$3.04BYoY +8.90%
EPS$6.55
Next-day move−4.18%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-08 | 2026-08-27 | $3.0B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-05 | 2026-06-02 | $3.2B | Pending |
| FY2025 Q4 Quarter ended 2026-01 | 2026-03-12 | $12.4B | Pending |
| FY2025 Q3 Quarter ended 2025-11 | 2025-12-04 | $2.9B | Pending |
| FY2025 Q2 Quarter ended 2025-08 | 2025-08-28 | $2.8B | Pending |
| FY2025 Q1 Quarter ended 2025-05 | 2025-05-29 | $2.8B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 90 of its 5-year rangeExpensive
5-year range 14.2 – 24.9 · Median 18.4
Last 4 quarters: $1.2B in buybacks + $0 in dividends, 4.45% of market cap combined
P/E (TTM)
22.6
P/B
10.3
P/S
2.1
PEG
1.48
Earnings Reaction
Over the last 6 reports, the stock moved ±9.1% on average on the first trading day after, rising 2 times
Most recent −4.18%
Volatility & Correlation
1-year beta 0.37 · Correlation with S&P 500 0.13Low beta
Annualized volatility 33% vs. 12% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 2 · $1.4MNet selling $1.4M
- 09-17Steelman KeciaPresident and CEOSell$1.1M2,000 shares · Avg price 545.88
- 09-11Nagler LornaDirectorSell$0.32M600 shares · Avg price 537.31
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 3.04 | +8.9% | 39.1% | 0.28 | 6.55 |
| FY2026 Q1 | 3.16 | +11.1% | 40.1% | 0.34 | 7.74 |
| FY2025 Q4 | 3.90 | +11.8% | 38.1% | 0.36 | 8.02 |
| FY2025 Q3 | 2.86 | +12.9% | 40.4% | 0.23 | 5.14 |
| FY2025 Q2 | 2.79 | +9.3% | 39.2% | 0.26 | 5.78 |
| FY2025 Q1 | 2.85 | +4.5% | 39.1% | 0.31 | 6.70 |
| FY2024 Q4 | 3.49 | −1.9% | 38.2% | 0.39 | 8.43 |
| FY2024 Q3 | 2.53 | +1.7% | 39.7% | 0.24 | 5.14 |
| FY2024 Q2 | 2.55 | +0.9% | 38.3% | 0.25 | 5.30 |
| FY2024 Q1 | 2.73 | +3.5% | 39.2% | 0.31 | 6.47 |
| FY2023 Q4 | 3.55 | +10.2% | 37.7% | 0.39 | 8.06 |
| FY2023 Q3 | 2.49 | +6.4% | 39.9% | 0.25 | 5.07 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| ULTA | 22.6 | +8.9% | 39.1% | +17.26% | Bullish |
| AMZN | 19.4 | +12.1% | 53.2% | −3.53% | Neutral |
| TSLA | 495.1 | −0.2% | 19.6% | +12.68% | Neutral |
| HD | 23.3 | +5.7% | 33.7% | +15.72% | Neutral |
| MCD | 21.1 | +3.7% | 90.4% | +11.77% | Neutral |
| TJX | 25.8 | +5.4% | 33.4% | +6.05% | Bullish |
| SBUX | 59.0 | −1.4% | — | +10.33% | Neutral |
| LOW | 17.6 | +8.3% | 33.0% | +13.45% | Neutral |
| BKNG | 15.7 | +8.1% | — | −9.07% | Bullish |