Ulta Beauty Inc is a prominent retailer specializing in cosmetics, skincare, haircare, and fragrance products
The company operates a chain of beauty stores that offer a diverse range of brands, catering to various consumer preferences and price points. In addition to selling products, Ulta Beauty provides beauty services, including haircuts, facials, and makeup applications, all within their retail locations. The brand emphasizes creating an inclusive and welcoming environment for beauty enthusiasts, focusing on education and customer experience to enhance clients' confidence and self-expression.
Ulta Beauty is undergoing a leadership transition with Kecia Steelman set to become CEO, while revising its financial outlook upward due to strong holiday performance.
It expects fourth-quarter sales to increase modestly and operating margin to be above the high end of the company’s previous expected range of 11.6% to 12.4% of sales.
Ulta Beauty, the nation’s largest specialty beauty retailer, today announced that Dave Kimbell will retire as Chief Executive Officer after 11 years with Ulta Beauty and will step down from the company’s Board of Directors. Kecia Steelman, President and Chief Operating Officer, will succeed Dave Kimbell as President and Chief Executive Officer and will join the company’s Board effective January 6, 2025. Mr. Kimbell will serve as an advisor to the company through June 28, 2025.
Goldman Sachs maintains a Buy rating on Bath & Body Works Inc. with a $52 price target. The company's recent Candle Day sale, running from December 7-8, saw increased app downloads and loyalty program engagement, fueling optimism about its future growth.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the specialty retail industry, including Ulta (NASDAQULTA) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the specialty retail industry, including Sportsman's Warehouse (NASDAQSPWH) and its peers.
