Ulta Beauty tops Wall Street expectations for third quarter
Beauty retailer raises its full-year outlook.
Beauty retailer raises its full-year outlook.
DelOrefice will begin his new role on December 5, 2025, and Chris Lialios will continue to serve as Interim Chief Financial Officer until such time.
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“Entering Mexico represents a bold and exciting step for Ulta Beauty as we bring our unparalleled assortment and inclusive shopping experience to beauty lovers in this significant international market.”
The move comes as Target faces softer demand, with shoppers reducing their discretionary spending.
“It has been my honor to serve as CFO for Ulta Beauty,” said Oyibo.
The initiative included streamlining operations, updating stores and inventory, and improving marketing and promotional execution.
Despite the positive Q4 performance, Ulta warned of a challenging year ahead, forecasting full-year sales below analysts’ estimates. Profit per share is also expected to be lower than Wall Street’s expectations.