Ulta Magnificence Kicks Off Fiscal 2025 with Gross sales Development, Sturdy EPS, and Up to date Full-Yr Steering

THE WHAT?  Ulta Magnificence has reported first-quarter fiscal 2025 outcomes exhibiting a 4.5% rise in web gross sales to US$2.85 billion and a 2.9% elevate in comparable gross sales, pushed by increased common ticket sizes and regular transaction development. Web revenue got here in at US$305.1 million, delivering diluted earnings per share of US$6.70, beating final 12 months’s US$6.47. Alongside the outcomes, Ulta raised its full-year EPS steering, reflecting confidence in its Ulta Magnificence Unleashed technique regardless of an unsure shopper setting.

THE DETAILS Gross revenue for the quarter grew 4.2% to US$1.11 billion, though margins dipped barely to 39.1%, impacted by retailer and provide chain price pressures. SG&A bills rose 6.7%, linked to increased retailer payroll and bills, although company overhead leverage offered some offset. Ulta added six web new shops, transformed 4, and relocated two, ending Q1 with 1,451 shops. Stock rose 11.3% to help new model launches and class enlargement. The corporate additionally repurchased almost US$359 million in shares through the quarter, leaving US$2.3 billion licensed for future buybacks. Up to date fiscal 2025 steering now anticipates web gross sales of US$11.5–11.7 billion and EPS between US$22.65 and US$23.20.

THE WHY?  Ulta’s Q1 efficiency underscores the enduring power of the U.S. magnificence and private care market, whilst broader shopper spending patterns stay fluid. Innovation, new model launches, and expanded class investments are serving to the retailer keep momentum in a aggressive panorama. With its beauty-focused retail mannequin, agile omnichannel technique, and strong stability sheet, Ulta is well-positioned to seize additional market share, deepen shopper loyalty, and maintain development within the 12 months forward. For magnificence manufacturers and companions, Ulta’s up to date outlook indicators confidence in continued U.S. magnificence class resilience and the continued significance of retail partnerships.

Supply: businesswire