Consumer

Ulta Jumps the Most Since 2020 After Topping Estimates

Shoppers walk past an Ulta Beauty store at the Mall of America in Bloomington, Minnesota.
Photographer: Emilie Richardson/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Carrington York

May 29, 2025 at 8:15 PM UTC

Updated on

May 30, 2025 at 1:56 PM UTC

Ulta Beauty Inc. surged the most since 2020 after first-quarter results topped Wall Street estimates, signaling that shoppers are buying up beauty products despite growing economic concerns.

Profit last quarter was $6.70 a share, the company said Thursday after markets closed, beating analyst expectations for $5.80. Comparable sales were also higher than expected. The company boosted its full-year outlook for sales and profit.