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flag Ulta Beauty reports robust Q1 earnings, boosts 2025 outlook as beauty spending holds strong.

flag Ulta Beauty reported stronger-than-expected Q1 earnings and revenue, with net sales up 4.5% to $2.8 billion. flag The company raised its fiscal 2025 earnings guidance due to increased comparable sales and new store contributions. flag Goldman Sachs upgraded the stock to "Buy," citing the company's strong brand and unique market position. flag Ulta's CEO noted that consumers are prioritizing beauty products despite economic uncertainty, supporting the company's performance.

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