Shares of Ulta Beauty, Inc. (ULTA) are progressing more than 11 percent on Friday morning trade after the company announced an increase in third-quarter revenues and also the retirement of its 20-year CFO Scott Settersten, effective April 1, 2024.
Ulta: The cosmetics retailer raised the lower end of its annual profit forecast to $25.20 and $25.60 per share, from its previous view of $25.10 to $25.60 per share. The company also raised the lower end of its annual net sales forecast. It now expects it between $11.10 billion and $11.15 billion, versus its prior forecast of $11.05 billion to $11.15 billion.