Analysts, on average, expect second-quarter earnings to be $5.04 per share, compared to $5.3 per share in the corresponding quarter last year. Q2 revenue is expected to increase about 4.8% year-over-year to $2.67 billion.
In the first quarter of FY25, Ulta Beauty’s net sales increased 4.5% year-over-year to $2.8 billion. Comparable sales increased 2.9%. Net income was $305.1 million or $6.70 per share in Q1, compared to $313.1 million or $6.47 per share last year.