Ulta Beauty, Inc. reported a senior leadership change on July 14, 2026: Kelly E. Garcia will move from the company’s board of directors into an executive operating role as Chief Technology Officer. The company said Garcia is expected to begin serving as CTO on August 31, 2026. In connection with that transition, Garcia gave notice on July 14, 2026, that he will resign from Ulta Beauty’s board. His resignation will become effective when he starts as Chief Technology Officer, meaning his board departure is tied directly to the commencement of his executive role rather than an immediate exit. The filing was made under Item 5.02, which covers departures and appointments of directors and certain officers, and related compensatory arrangements. However, the document does not disclose any compensation package, equity grant, option award, vesting schedule, or other employment-agreement terms for Garcia’s CTO appointment. Ulta Beauty also furnished a July 14, 2026 press release under Regulation FD as Exhibit 99.1 announcing the board resignation and transition to CTO. The company noted that the Regulation FD information and press release are being “furnished,” not deemed “filed,” for purposes of Exchange Act liability unless specifically incorporated into another filing. No securities transaction was reported in this Form 8-K. As a result, there are no share counts, prices, transaction codes, insider ownership changes, option exercises, or post-transaction holdings disclosed. The significance of the filing is instead governance- and management-related: Ulta Beauty is bringing a sitting director into a key technology leadership position while removing him from the board once he assumes that executive role.
Stock detail
Ulta Beauty (ULTA) stock price, chart, and key data
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Stock detail
Ulta Beauty
ULTA · XNAS
-$0.06 (-0.01%) past day
$488.25
After hours $483.33 (-1.01%)
Key metrics
Financials
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Operating income & Operating cash flow
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Total assets & Total liabilities
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Total equity & Shares outstanding
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Day range
$478.55 - $493.89
52-week range
$443.60 - $714.97
Close price
$489.47
Market cap
$21B
P/E ratio
18.32
Beta
0.88
Financials
FY2027 Q1Operating income
$448M
Operating cash flow
$262M
EPS
7.74
Shares outstanding
43M
Total assets
$7B
Total equity
$3B
Total liabilities
$4B
About the company
Ulta Beauty, Inc.
Ulta Beauty, Inc., formerly known as Ulta Salon, Cosmetics & Fragrance Inc. and before 2000 as Ulta3, is an American chain of cosmetic stores headquartered in Bolingbrook, Illinois. Ulta Beauty carries both high- and low-end cosmetics, fragrances, nail products, bath and body products, beauty tools and haircare products. Each location has a beauty salon available to the public.
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Mean target
$627
16
Buy
/ 21
Recent calls
06/26/2026
Bank of America Securities
Lorraine Hutchinson
Buy · Price target $685
06/17/2026
Argus Research
Taylor Conrad
Buy · Price target $550
06/16/2026
Telsey Advisory
Dana Telsey
Buy · Price target $715
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#1Ro Khanna
democrat · House · CA-17
- Sell$1,000 / $8,000 / $15,000
- Sell$1,000 / $8,000 / $15,000
- Sell$1,000 / $8,000 / $15,000
- Sell$1,000 / $8,000 / $15,000
- Sell$1,000 / $8,000 / $15,000
- Sell$1,000 / $8,000 / $15,000
- Sell$15,001 / $32,501 / $50,000
#2Ro Khanna
democrat · House · CA-17
- Sell$1,000 / $8,000 / $15,000
#3Tony Wied
republican · House · WI-8
#4Maria Elvira
republican · House
- Buy$15,001 / $32,501 / $50,000
#5Donald J Trump
republican · Executive
#6Dan Newhouse
republican · House · WA-4
- Sell$1,001 / $8,001 / $15,000
#7Valerie Hoyle
democrat · House · OR-4
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