Ulta Beauty Inc. (NASDAQ:ULTA) reported first-quarter fiscal 2026 results on Tuesday that topped Wall Street expectations, driven by strong performance across fragrance, haircare and beauty categories, as well as continued growth in comparable sales.

Ulta Beauty Earnings Beat Expectations

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Adjusted earnings came in at $7.74 per share, ahead of analysts’ estimates of $6.86.

Revenue increased 11.1% year over year to $3.16 billion, surpassing the consensus estimate of $3.09 billion. Comparable sales rose 5.3%, fueled by a 3.7% increase in average ticket size and a 1.6% increase in transactions.