Ulta Beauty CFO Paula Oyibo quits, picks insider for interim role
Ulta Beauty said on Wednesday its finance chief Paula Oyibo has quit the role after a little over a year and named insider Chris Lialios as its interim CFO.
Oyibo joined the beauty products retailer in 2019 and became its finance chief in April 2024, succeeding longtime CFO Scott Settersten.
Lialios joined Ulta Beauty in 1999 and has handled various roles around accounting and finance.
The company, which has begun an external search for a permanent successor, also reaffirmed its annual comparable sales growth target of up to 1.5% and earnings per share forecast of between $22.65 and $23.20.
It raised its annual profit target in May, helped by robust demand for its new product launches such as Milk Makeup and K-Beauty skincare brands.
Ulta Beauty's shares were down about 1% in early trading. They have risen about 6% this year, but have lost about 11% of their value since Oyibo took charge on April 1 last year.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
5 hours ago
- Yahoo
New Book: The Beauty Business Blueprint Empowers Entrepreneurs to Launch Profitable Skincare & Haircare Brands from Scratch
Manhattan, NY , June 25, 2025 (GLOBE NEWSWIRE) -- Aspiring beauty entrepreneurs now have a powerful new resource in their hands. The Beauty Business Blueprint, a groundbreaking guide by Kem Keris, offers a step-by-step path to launching and scaling a successful skincare and or haircare brand, with over 200 easy-to-follow product recipes Beauty Business Blueprint: 200+ recipes to launch your own beauty brand. Packed with industry insights, The Beauty Business Blueprint goes beyond just recipes. It reveals how to formulate professional-quality products such as hair growth oils, body butters, hyperpigmentation creams, soaps, lotions, lip glosses, and even beard oils. In addition, the book teaches readers how to brand, bottle, price, and sell their creations—whether online, in salons, or at local markets. 'People have the passion and talent, but they often don't know where to start,' says author Kem Keris. 'This book removes the mystery and gives them the tools to create, market, and profit from their own beauty line.' Whether you're a beginner dreaming of your first product or a salon owner looking to expand your offerings, The Beauty Business Blueprint is a must-have manual for creating a sustainable beauty business from the ground up. The Beauty Business Blueprint is now available at [ or and select online retailers. CONTACT: Media Contact: Kem Keris kemkeris@ 904-607-6993
Business Upturn
6 hours ago
- Business Upturn
Rocky Mountain Chocolate Factory Regains Compliance with Nasdaq Listing Requirements
By GlobeNewswire Published on June 26, 2025, 01:05 IST DURANGO, Colo., June 25, 2025 (GLOBE NEWSWIRE) — Rocky Mountain Chocolate Factory, Inc. (Nasdaq: RMCF) (the 'Company', 'we', or 'RMCF'), America's ChocolatierTM and a leading franchiser of a premium chocolate and confectionary retail store concept, announced that it has regained compliance with Nasdaq Listing Rule 5250(c)(1) following the filing of its Annual Report on Form 10-K for the fiscal year ended February 28, 2025. Nasdaq Listing Rule 5250(c)(1) requires listed companies to file all required annual and quarterly reports with the SEC on a timely basis. On June 17, 2025, the Company received a notice from The Nasdaq Stock Market LLC ('Nasdaq') indicating that it was not in compliance with the Listing Rule due to the delayed filing of its Form 10-K. This was described more fully in the Company's Form 12b-25 Notification of Late Filing, filed with the Securities and Exchange Commission (the 'SEC') on May 27, 2025. The Company filed its Form 10-K on June 20, 2025, and subsequently received formal notice from Nasdaq on June 23, 2025, confirming that it had regained compliance. About Rocky Mountain Chocolate Factory, Inc. R ocky Mountain Chocolate Factory, Inc. is a leading franchiser of a premium chocolate and confectionary retail store concept. As America's ChocolatierTM, the Company has been producing an extensive line of premium chocolates and other confectionery products, including gourmet caramel apples since 1981. Headquartered in Durango, Colorado, Rocky Mountain Chocolate Factory is ranked among Entrepreneur's Franchise 500® for 2025 and Franchise Times' Franchise 400® for 2024. The Company and its franchisees and licensees operate nearly 260 Rocky Mountain Chocolate stores across the United States, with several international locations. The Company's common stock is listed on the Nasdaq Global Market under the symbol 'RMCF.' Investor ContactSean Mansouri, CFAElevate IR720-330-2829 [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
7 hours ago
- Yahoo
Jim Cramer on Keurig Dr Pepper: 'I Don't Want to Touch That One'
Keurig Dr Pepper Inc. (NASDAQ:KDP) is one of the 12 stocks on Jim Cramer's radar recently. A caller asked if the company would be able to compete with Coca-Cola long term despite its 'high debt'. In response, Cramer said: 'Yeah, no, I don't want to touch that one. I think if you want to be in that space, you want to be in Coca-Cola. I think Coca-Cola has demonstrated, first of all, I don't want to be in that space because there's just… the Secretary of Health and Human Services is against it. The GLP-1s, the new one from Amgen, just makes it tougher and tougher. You don't want to be in the space…' A conveyor belt filled with assorted K-Cup pods, ready for packaging. Keurig Dr Pepper (NASDAQ:KDP) produces and distributes a wide range of beverages and single-serve brewing systems, including branded concentrates, ready-to-drink products, and coffee-related goods. Oakmark Select Fund stated the following regarding Keurig Dr Pepper Inc. (NASDAQ:KDP) in its Q4 2024 investor letter: 'Keurig Dr Pepper Inc. (NASDAQ:KDP) is one of North America's leading beverage companies, with dominant positions in single-serve coffee and flavored soft drinks. The soft drink portfolio has an impressive track record of volume growth and market share gains. We believe this performance can continue due to favorable demographic trends, brand strength, and distribution advantages. Recently, weakness in the Keurig coffee division caused the stock price to come under pressure. However, we believe these industry-wide challenges will prove transitory because coffee remains a popular beverage. Keurig's coffee division is poised to capitalize on this demand with the largest installed base of single-serve brewers and ample runway to increase household penetration. At the current quote, the market ascribes minimal value to Keurig. We were happy to purchase shares in this above-average business at a discount to the market multiple, other beverage peers and private market transactions.' While we acknowledge the potential of KDP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
