Ulta Beauty Inc

ULTA: XNAS (USA)

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Ulta Beauty Earnings: Glowing Sales Performance Confirms Success of Strategy; Shares Pricey

David Swartz

Dec 5, 2025

Ulta Beauty's third-quarter comparable sales rose 6.3%. Its gross margin increased 70 basis points to 40.4% due to lower shrink and higher merchandise margins, but its operating margin fell to 10.8% from 12.6% on higher payroll and store expenses. EPS of $5.14 matched 2024's third-quarter result.

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Ulta Beauty Inc

Ulta Beauty Earnings: Glowing Sales Performance Confirms Success of Strategy; Shares Pricey

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