by Mike Duff | Feb 3, 2023 | Retail Articles
Although store closings weighed on financial results, Sally Beauty comparable sales gained as the company topped Wall Street estimates. GAAP net earnings in the first quarter were $50.3 million, or 46 cents per diluted share, versus $68.8 million, or 60 cents per...
by Mike Duff | Dec 22, 2022 | Retail Articles
In a planned leadership transition, Sally Beauty Holdings announced that Bob McMaster, in connection with his plans to retire as a director, is not standing for re-election and will step down as chair of the board at the conclusion of the company’s annual shareholders...
by Mike Duff | Nov 11, 2022 | Retail Articles
Sally Beauty sales and profits slipped in its fourth quarter, but the company beat a Wall Street earnings-per-share estimate as the company continues closing stores. Net earnings in the fourth quarter were $21.3 million, or 20 cents per diluted share, versus $68.1...
by Mike Duff | Aug 9, 2022 | Retail Articles
The third quarter wasn’t exactly pretty for Sally Beauty as its sales and earnings slipped. Net earnings in the quarter were $46.6 million, or 43 cents per diluted share, versus $76.2 million, or 66 cents per diluted share, in the prior-year period. Adjusted for...
by Mike Duff | May 6, 2022 | Retail Articles
In the second quarter, Sally Beauty came up short of Wall Street sales and earnings estimates as supply chain, inflation and stimulus factors weighed. Second-quarter net earnings were $46.8 million, or 42 cents per diluted share, versus $38.3 million, or 34 cents per...