Ulta Beauty Announces New CEO and Boosts Its Outlook

Key TakeawaysUlta Beauty said CEO Dave Kimbell is retiring after 11 years at the company, effective Monday.Kimbell will be succeeded by Chief Operating Officer Kecia Steelman.The cosmetics retailer also said it expects its fourth-quarter operating margin to land above the high end of its previously estimated range. Ulta Beauty (ULTA) CEO Dave Kimbell is retiring after 11 years at the company, effective Monday, the cosmetics retailer said after the closing bell. Kimbell will be succeeded by Chief Operating O ...