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Ulta Beauty Boosts Sales Forecast, Stock Jumps 5%

12/5/2025

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Story summary
  • Ulta Beauty Inc. raised its annual sales and profit forecast after strong third-quarter results.
  • The company now expects net sales of approximately $12.3 billion, up from $12 billion to $12.1 billion.
  • Comparable sales are projected to rise by 4.4% to 4.7%.
  • CEO Kecia Steelman said that affordable products and Rihanna's Fenty Beauty help drive sales despite cautious spending.
  • Ulta's stock rose about 5% after the announcement.