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Ulta Beauty Boosts Forecast, Expands Internationally After Strong Quarter

8/29/2025

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Summary

Story summary

Ulta Beauty increased its full-year sales forecast to $12-$12.1 billion due to strong second-quarter results.
Net income reached $260.88 million, with comparable sales rising 6.7%, surpassing expectations.
The company acquired British retailer Space NK for international expansion and plans new stores in Mexico and the Middle East.
Ulta will launch a third-party marketplace and end its low-impact mini shop partnership with Target.

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Story summary

Ulta Beauty increased its full-year sales forecast to $12-$12.1 billion due to strong second-quarter results.
Net income reached $260.88 million, with comparable sales rising 6.7%, surpassing expectations.
The company acquired British retailer Space NK for international expansion and plans new stores in Mexico and the Middle East.
Ulta will launch a third-party marketplace and end its low-impact mini shop partnership with Target.