Ulta says consumers are looking to beauty products for 'a comfort and escape' from the world's stress

1. Ulta Beauty's Q1 revenue rose 4.5% to $2.8 billion amidst economic uncertainty. 2. CEO indicated customers prioritize beauty products over non-essential spending. 3. Ulta raised its annual profit forecast after beating quarterly expectations. 4. Retail therapy is boosting sales, especially with established and new brands. 5. Ulta's 8% after-hours stock rise indicates strong market confidence in its performance.