Ulta Beauty Appoints New CEO and Upgrades Financial Outlook

Reported 1 day ago

Ulta Beauty announced that CEO Dave Kimbell is retiring after 11 years, with COO Kecia Steelman stepping in as his successor. The company also raised its fourth-quarter outlook, expecting a modest increase in comparable sales and operating margins above previous estimates. Shares rose about 2% in extended trading following the news.

Source: YAHOO

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