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NASDAQ: ULTA Ulta Beauty, Inc. 10-Q

Ulta Beauty's second-quarter net sales rose 8.9% to $3.04B, and diluted EPS climbed 13.3% to $6.55.

Filed August 27, 2026 · Period ending August 1, 2026 · Compared to 10-Q Aug 28, 2025 · ~1 min read

Key Changes

  • medium

    Comparable sales increased 3.8% in the second quarter, driven by a 3.9% increase in average ticket.

  • low

    Gross margin slipped to 39.1% from 39.2%, which the company attributes to the impact of the Space NK business mix.

  • medium

    SG&A expenses rose 8.2% to $802.8M, but fell as a percentage of sales to 26.4% from 26.6%, primarily due to lower incentive compensation and leverage of corporate overhead due to strategic enterprise investments, partially offset by higher advertising expenses.

1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 28, 2026 · How we verify