Ulta Beauty (ULTA) to Post Q1 Results Tuesday; Analysts Expect 9.4% Revenue Rise

Ulta Beauty (NASDAQ: ULTA) is scheduled to release fiscal first-quarter results after the market closes on Tuesday, June 2, 2026. The consensus forecast calls for revenue growth of 9.4% year-on-year, accelerating from the 4.5% increase reported in the same quarter last year. Last quarter, Ulta posted revenue of $3.90 billion, up 11.8% year-on-year and above analyst estimates, although full-year earnings guidance came in slightly below expectations. For the current quarter, analysts have left their estimates largely unchanged over the past 30 days, signaling no major negative revisions ahead of the report. Peer performance provides a backdrop: Bath & Body Works (off 3.2% y/y) and Warby Parker (up 8.3%) both beat revenue forecasts, with their shares rising 14.8% and 34.1%, respectively, after their reports. Ulta’s stock has declined 1.7% over the past month, while the average analyst price target stands at $678.88, significantly above the June 1 closing price of $509.28.