Ulta Beauty, Inc. (ULTA)

Ulta Beauty beat expectations on both the top and bottom line, with results for the second fiscal quarter of 2026 reported August 27, 2026 showing revenue rose 8.9% to about $3.0 billion as the U.S. beauty retailer continued to drive sales across its merchandise categories and in-store services. EPS of $6.55 topped the $6.20 estimate (+5.6%), while revenue of $3.036 billion topped the $2.986 billion estimate (+1.7%). Profitability held at a high level, with gross margin at ~39% and operating margin near 13%, alongside gross profit of about $1.2 billion and operating income of roughly $379.6 million. Net income increased 8.1% to around $282.0 million, up from about $260.9 million a year ago, while EPS was up from $5.78 a year ago. The company generated operating cash flow of roughly $119.7 million and repurchased about $236.1 million of stock during the quarter. For the next period, consensus calls for EPS of $5.78 on revenue of $2.994 billion.