ULTA Raises Q4 View on Solid Holiday Performance, Announces CEO Change

Ulta Beauty, Inc. (ULTA) , the leading beauty retailer, has raised its fourth-quarter fiscal 2024 guidance, reflecting stronger-than-anticipated performance during the holiday season. The company has also announced a leadership change.In a major leadership transition, Dave Kimbell, who has served as chief executive officer (CEO) for 11 years, will retire and step down from the board. Kecia Steelman, the company’s president and chief operating officer, will succeed Dave Kimbell as president and CEO starting ...