What Drove Ulta Beauty’s Strong Fiscal Q2 Earnings Growth?
Specialty retailer Ulta Beauty (ULTA) beat analysts’ EPS (earnings per share) expectation of $2.41 with adjusted EPS of $2.46 in the second quarter of fiscal 2018. The company’s fiscal second-quarter EPS grew by 34.4% on a year-over-year basis. This growth rate was an improvement compared to the EPS growth rate of about 28% in the second quarter of fiscal 2017.