Analyst Sees Ulta Beauty's Q2 Outperformance Driven By Shifting Beauty Trends - Ulta Beauty (NASDAQ:ULTA)

Analyst Sees Ulta Beauty's Q2 Outperformance Driven By Shifting Beauty Trends - Ulta Beauty (NASDAQ:ULTA)

JP Morgan analyst Christopher Horvers reiterated the Overweight rating on Ulta Beauty, Inc. (NASDAQ:ULTA), citing recent data that suggests a stronger second-quarter performance than current market expectations. Horvers highlighted a positive shift in beauty product sales within the Food, Drug, and Mass (FDM) channels, which turned slightly positive at +0.1% for the four weeks ending June 14. This marks an improvement from the prior month’s -1.2…

Ulta Beauty names interim CFO as Paula Oyibo departs

BOLINGBROOK, Ill. — Ulta Beauty, Inc. announced today that Chris Lialios, Senior Vice President - Controller, has been appointed Interim Chief Financial Officer following Paula Oyibo's departure. The company has initiated an external search for a permanent CFO, engaging a top executive search firm to lead the process.Lialios, a 25-year veteran of Ulta Beauty, has served as Senior Vice President – Controller since 2018, overseeing financial repor…