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An update from Ulta Beauty ( (ULTA) ) is now available.
Ulta Beauty announced the retirement of CEO David C. Kimbell, who has significantly contributed to the company’s growth, expanding its revenue to over $11 billion and enhancing its market leadership. Kecia L. Steelman, the current President and COO, will succeed him as CEO, bringing her extensive retail and operational expertise to lead the company forward. Ulta Beauty has also improved its fourth-quarter financial outlook, anticipating better-than-expected sales and operating margins.
More about Ulta Beauty
Ulta Beauty is the largest specialty beauty retailer in the U.S., providing a wide range of cosmetics, fragrance, skincare, haircare products, and salon services. Established in 1990, the company operates over 1,437 stores across all 50 states and has a significant online presence, offering a comprehensive beauty shopping experience.
YTD Price Performance: 0.51%
Average Trading Volume: 1,010,863
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $20B
For a thorough assessment of ULTA stock, go to TipRanks’ Stock Analysis page.
