Ulta Beauty (ULTA) reported fiscal Q1 earnings late Tuesday of $7.74 per diluted share, up from $6.70 a year earlier.

Analysts polled by FactSet expected $6.89.

Net sales for the quarter ended May 2 rose to $3.16 billion from $2.85 billion a year earlier.

Analysts surveyed by FactSet expected $3.12 billion.

The company said it expects fiscal 2026 diluted EPS between $28.36 and $28.80, up from the previous guidance range of $28.05 to $28.55. Analysts polled by FactSet expect $28.65.

Fiscal 2026 net sales are anticipated to grow 6% to 7%. Analysts surveyed by FactSet expect $13.24 billion.

Shares of Ulta Beauty were up 5% in after-hours trading.