Ulta Beauty Inc. $ULTA experienced its sharpest single-day stock increase since 2020 following a robust first-quarter performance that outstripped Wall Street’s expectations. The specialty retailer reported earnings of $6.70 per share, significantly ahead of the $5.80 consensus forecast. Comparable sales also exceeded anticipation, prompting management to raise both full-year revenue and profit guidance. This earnings momentum underscores the enduring demand for beauty products despite inflationary pressures and macroeconomic volatility.