Ulta Beauty on Thursday raised the lower end of its full-year profit and sales forecasts helped by buoyant demand for luxury skincare and fragrances and also said its longtime CFO Scott Settersten will retire in April next year.
Settersten who has been with the company for nearly 20 years will be succeeded by Paula Oyibo, the company’s senior vice president of finance who joined in 2019.
Shares of the beauty retailer rose 6.6 percent in…