Key Takeaways Ulta Beauty announced CEO Dave Kimbell's retirement Monday.JPMorgan analysts still call the company a "top pick," citing its improved fourth-quarter outlook.Ulta's Q4 comparable sales and operating margin update implies higher earnings per share (EPS) than Wall Street's consensus,

This leadership change follows the retirement of Dave Kimbell, who has been with Ulta Beauty for eleven years.

Cosmetics retailer Ulta Beauty said on Monday insider Kecia Steelman will replace retiring CEO Dave Kimbell in the top role, and forecast a strong fourth quarter, sending its shares up about 2% in extended trading.

US retailer Ulta Beauty has promoted Kecia Steelman to president and CEO, effective immediately. She replaces Dave Kimbell, who is retiring after an 11-year tenure. He is also stepping down from the company’s board of directors, but will stay on as an advisor to Ulta Beauty through 28 June.

Key Takeaways U.S. equities were mostly lower at midday as new concerns about inflation dragged down the tech sector.Tesla shares lost ground when the EV maker came under investigation by federal safety regulators,

Ulta Beauty (NASDAQ: ULTA) investors have some good reasons to feel disappointed right now. Its slumping valuation even attracted attention from Warren Buffett's Berkshire Hathaway, yet the famed investor went on to sell almost all of that new position by the following quarter.

Shares of Ulta Beauty Inc. ULTA slid 0.70% to $428.27 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 1.11% to 5,909.03 and Dow Jones Industrial Average DJIA falling 0.

Ulta Beauty CEO Dave Kimbell is stepping down, the company said Monday, as the cosmetics retailer looks to reignite sales momentum in the slumping beauty category. The stock was rising.Kecia Steelman,