Ulta Beauty names new CEO, hikes outlook for holiday quarter
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Ulta Beauty has announced a leadership change with COO Kecia Steelman set to replace retiring CEO Dave Kimbell. Additionally, the company has raised its guidance for the fourth quarter, indicating a positive outlook for the holiday season.
January 06, 2025 | 9:45 pm
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Ulta Beauty has announced that COO Kecia Steelman will succeed Dave Kimbell as CEO. The company has also increased its fourth-quarter guidance, suggesting a strong performance during the holiday season.
The appointment of a new CEO often brings strategic changes and can impact investor sentiment. Additionally, raising the fourth-quarter guidance suggests strong expected performance, which is likely to positively influence the stock price in the short term.
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