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Sign InIn a move aimed at bolstering its technological infrastructure amid fierce retail competition, Ulta Beauty announced the appointment of Kelly Garcia as Chief Technology Officer, effective August 31, 2026. Garcia brings a robust background to the role, having previously served as EVP and CTO of Domino’s Pizza, and is already familiar with the company’s operations as a member of Ulta’s Board of Directors since 2022.
Garcia's appointment is viewed as a strategic step to leverage her expertise in digital customer experience, a field where she excelled during her tenure at Domino’s. Compared to peers, Ulta is seeking to keep pace with investments from rivals like LVMH-owned Sephora in AI-driven beauty tech, aiming to improve margins as the stock has recently traded near its 52-week low according to analyst reports.
Regarding market performance, ULTA stock closed at $469.2 (close July 10, 2026), with a daily trading range between $461.25 and $470.7. Investors are now looking forward to any strategic shifts Garcia might implement after officially taking office in late August, while the broader market remains focused on upcoming macro catalysts such as US Initial Jobless Claims and Existing Home Sales.