Ulta Beauty, Inc. 8K

Ulta Beauty, Inc. announced strong second quarter fiscal 2026 results, raised its full-year 2026 financial guidance, and increased its fiscal 2026 stock repurchase plan to $1.8 billion.

On August 27, 2026, Ulta Beauty, Inc. reported its second quarter fiscal 2026 results, highlighting 8.9% year-over-year net sales growth to approximately $3.0 billion, a 3.8% increase in comparable sales, 10.1% operating income growth, and a 13.3% increase in diluted EPS to $6.55, driven in part by the acquisition of Space NK, new stores, and ongoing share repurchases. The company disclosed modest gross margin compression from 39.2% to 39.1% due primarily to the Space NK business mix, while SG&A leverage improved slightly as a percentage of sales. Ulta ended the quarter with $158.5 million of cash and cash equivalents, $55.0 million in short-term investments, $339.6 million in short-term debt largely to fund working capital and capital allocation priorities including buybacks, and flat year-over-year inventory at $2.4 billion due to improved inventory management. The Board increased the fiscal 2026 stock repurchase plan to $1.8 billion from $1.5 billion, and management raised full-year fiscal 2026 guidance, tightening and lifting ranges for net sales growth (to 6.7%–7.2%), comparable sales growth (to 3.2%–3.7%), operating income growth (to 8.3%–9.3%), and diluted EPS (to $28.70–$29.00), while keeping capital expenditure guidance unchanged at $400–$450 million. The company also provided updates on store expansion to 1,622 locations globally, including 88 international stores, and noted its continuing international growth via Space NK, a joint venture in Mexico, and a Middle East franchise arrangement.

Filing Facts

CIK

1403568

Ticker

ULTA

Form

8K

Source Type

sec

Accession

0001104659-26-102438

Alert Tier

7