(Reuters) -Ulta Beauty stated on Monday Dave Kimbell will certainly retire as chief executive officer and will certainly be prospered by President and Chief Operating Officer Kecia Steelman.
Kimbell is tipping down after 11 years with the firm, and will certainly act as an advisor via June 28.
Ulta additionally anticipated fourth-quarter equivalent sales will certainly raise decently and running margin will certainly be over the high-end of its formerly anticipated series of 11.6% to 12.4% of sales, many thanks to solid vacation sales.
(Reporting by Savyata Mishra in Bengaluru; Editing by Devika Syamnath)
