{"id":233,"date":"2026-06-02T21:17:08","date_gmt":"2026-06-02T21:17:08","guid":{"rendered":"https:\/\/interstatemovingexpertss.com\/?p=233"},"modified":"2026-06-02T21:17:08","modified_gmt":"2026-06-02T21:17:08","slug":"ulta-shares-pop-as-beauty-retailer-beats-wall-street-expectations-and-hikes-earnings-outlook","status":"publish","type":"post","link":"https:\/\/interstatemovingexpertss.com\/?p=233","title":{"rendered":"Ulta shares pop as beauty retailer beats Wall Street expectations and hikes earnings outlook"},"content":{"rendered":"<div>\n<div>\n<div>\n<div>\n<p>In this article<\/p>\n<\/div>\n<ul>\n<li><span>ULTA<\/span><span><button><\/button><\/span><\/li>\n<\/ul>\n<\/div>\n<div><button><span><span>Follow your favorite stocks<\/span><span>CREATE FREE ACCOUNT<\/span><\/span><\/button><\/div>\n<\/div>\n<div>\n<p><span>Ulta Beauty<span><span><button><\/button><\/span><\/span><\/span> on Tuesday reported quarterly results that beat on the top and bottom lines and hiked its earnings outlook as the retailer saw a strong start to its fiscal year.<\/p>\n<p>Read more <a href=\"https:\/\/interstatemovingexpertss.com\/?p=231\">Trump still protected from tax enforcement, but anti-weaponization fund is dead, Blanche says<\/a><\/p>\n<p>Shares of the company rose as much as 7% in extended trading.<\/p>\n<p>Here&#8217;s how the company performed in its fiscal first quarter compared with what Wall Street was expecting, according to a survey of analysts by LSEG:<\/p>\n<ul>\n<li>$7.74 vs. $6.86 expected<\/li>\n<li> $3.16 billion vs. $3.10 billion expected<\/li>\n<\/ul>\n<p>For the three-month period ended May 2, Ulta saw net sales increase roughly 11% compared to the year-ago period. It reported comparable sales rose 5.3%, compared to StreetAccount estimates of up 4.6%. <\/p>\n<p>Ulta reaffirmed its full-year same-store sales and revenue projections, but raised its full-year EPS guidance to between $28.36 and $28.80. Its previous outlook was earnings per share between $28.05 and $28.55.<\/p>\n<p>Read more <a href=\"https:\/\/interstatemovingexpertss.com\/?p=229\">Pulte appointment as spy chief would give Trump attack dog access to the \u2018crown jewels\u2019<\/a><\/p>\n<p>&#8220;Fiscal 2026 is off to a strong start driven by broad-based growth across all channels and major categories,&#8221; CEO Kecia Steelman said in a statement. &#8220;Our results demonstrate the strengths of our model, focused execution of our talented associates and the effectiveness of our strategy in an uncertain macroeconomic landscape.&#8221;<\/p>\n<p>The earnings come as consumer confidence takes a dip amid soaring gas prices and rising inflation, leading to a pullback in discretionary spending. <\/p>\n<p>Read more <a href=\"https:\/\/interstatemovingexpertss.com\/?p=227\">Goldman Sachs CEO David Solomon says markets are in \u2018greed\u2019 mode as AI companies seek billions<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ulta Beauty beat on the top and bottom lines for its fiscal first quarter on Tuesday as CEO Kecia Steelman praised the company&#8217;s strategy.<\/p>\n","protected":false},"author":1,"featured_media":232,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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