Ulta Beauty reaffirmed its financial guidance for the current fiscal year while naming Chris Lialios senior vice president, controller and interim CFO.
The company reaffirmed the guidance it issued on May 29 for fiscal 2025, including its expectation that comparable store sales growth will be between 0% and 1.5%, operating margin will be between 11.7% and 11.8%, and diluted EPS will be between $22.65 and $23.20.
Regarding the executive transition, Ulta has commenced an external search for a permanent CFO with an executive search firm. Lialios succeeds Paula Oyibo, who has departed the company.
Lialios joined Ulta Beauty in 1999 as assistant controller and has led finance transformation efforts across the company, assuming leadership positions of increasing responsibility as he did so, according to Ulta.
“Chris has been a respected leader on Ulta Beauty’s finance team for more than 25 years, and we are thankful to him for stepping into this important interim role as we conduct a search for our next CFO,” said Kecia Steelman, Ulta president and CEO. “We’re confident that his deep familiarity with our business, couple with his financial expertise and leadership style, will ensure a smooth transition as we continue to execute our Ulta Beauty Unleashed plan.”
