Ulta Beauty reported a 24.8% boost in second quarter net sales as CEO Mary Dillon outlined some of the key priorities for her first 100 days at the helm of the beauty retailer.
Beauty retailer Ulta Beauty has appointed former PepsiCo executive Mary Dillon as CEO and a member of the board, effective July 1. Interim CEO Dennis Eck will step down from his role at that time.
Ulta Beauty is off to a “good start” for 2013 as its net sales rose about 23% during the first quarter, and same-store sales rose 6.7%. Meanwhile, the beauty retailer continues to make progress on both its CEO search and multi-year growth plan.
Ulta Beauty announced Chuck Rubin will step down as president, CEO and director, effective Feb. 21, to become CEO at Michaels Stores, a specialty retailer of arts and crafts.