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Ulta Beauty (ULTA) Plunges Despite Revenue Beat as Q4 EPS Misses by 0.2% on Margin Pressure

Ulta Beauty missed Q4 EPS by 0.2% despite crushing revenue estimates by 25%, triggering a 14% stock plunge on margin compression concerns.

March 16, 2026 2 min read

Ulta Beauty missed Q4 EPS by 0.2% despite crushing revenue estimates by 25%, triggering a 14% stock plunge on margin compression concerns.

Earnings Per Share (GAAP)
$8.01
vs $8.03 est. (-0.2%)
Revenue
$3.9B
vs $3.1B est.

Analyst sentiment shifts. The current analyst consensus shows 17 Buy or Strong Buy ratings versus 10 Hold or Sell ratings among 28 analysts covering the stock, down from 17 Buy ratings and 12 Hold/Sell ratings a month ago. The modest deterioration in sentiment preceded the results, suggesting some analysts had already begun tempering expectations for the specialty retailer.

What to Watch: Management’s commentary on comparable store sales trends and margin outlook will be critical to determining whether the 14% decline represents a buying opportunity or the start of a deeper revaluation. The earnings call will reveal whether the margin pressure is temporary or structural.

This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.

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Tags: #ULTA