Ulta Beauty Q1 FY2026 net sales up 11.1%, comparable sales +5.3%

Ulta Beauty reported strong first quarter results with net sales of $3.2 billion, comparable sales growth of 5.3%, and diluted EPS increasing 15.5% to $7.74, while returning $555 million to shareholders through repurchases. The performance demonstrates resilience in the beauty retail sector with broad-based growth across channels and categories in an uncertain macroeconomic environment.