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.

Ulta Beauty has announced its fourth quarter sales and earnings, exceeding analysts' expectations. These results indicate positive momentum and a successful holiday season, as shoppers flocked to the stores for a range of products from cosmetics to fragrances.