Ulta Beauty Stock Is Rising After Hours: Here's Why - Ulta Beauty (NASDAQ:ULTA)
- Ulta Beauty appointed Kecia Steelman as its new CEO, effective immediately, succeeding Dave Kimbell, who will retire from the position and the board of directors.
- Kecia Steelman has been with Ulta since 2014 and was previously the Chief Operating Officer and President.
- Ulta updated its fourth-quarter guidance, expecting modest sales growth and an operating margin above the previous range of 11.6% to 12.4%.
- Following the CEO transition announcement, Ulta Beauty shares rose by 2.48% in after-hours trading.
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Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
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- 80% of the sources are Center
80% Center
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C 80%
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