Does This Massive News Signal Trouble Ahead for Ulta Beauty Stock in 2025?

2024 wasn't a great year for Ulta Beauty (NASDAQ: ULTA). It ended the year with Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) selling a large chunk of his recently initiated position in the stock and a continuation of the pressure it's been experiencing the whole year. Ulta stock fell 11% in a year when the S&P 500 gained 25%.If that wasn't enough, it's also starting 2025 with some major news. Last week, the company announced the departure of CEO Dave Kimbell. President and Chief Operating Officer Kecia Steelman is now in the leading role. The market wasn't enthused by the announcement, and Ulta stock is down 7% since Jan. 1.Is 2025 going to be another downer for this beauty industry giant? Let's see what Steelman brings to the table and whether Ulta is on track for better times or more trouble ahead.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool