Welcome to our dedicated page for Sally Beauty Hldgs news (Ticker: SBH), a resource for investors and traders seeking the latest updates and insights on Sally Beauty Hldgs stock.
Sally Beauty Holdings, Inc. (SBH) provides professional beauty supplies and salon products through its global retail and distribution networks. This news hub offers investors and industry professionals centralized access to official updates impacting the company's market position and operational developments.
Find timely information on financial performance, product innovations, and strategic partnerships that shape SBH's role in the beauty retail sector. The curated collection includes press releases related to store expansions, leadership changes, and responses to evolving beauty industry demands.
Regular updates ensure stakeholders stay informed about developments across both Sally Beauty Supply consumer stores and the Beauty Systems Group serving salon professionals. Bookmark this page for efficient tracking of material events affecting SBH's operations in North America, Europe, and key international markets.
Madison Reed, a prestige beauty brand, has announced a strategic partnership with Sally Beauty (SBH) to expand its hair color products distribution through select Sally Beauty stores nationwide and SallyBeauty.com. The partnership will feature 34 SKUs, including their Radiant Hair Color Kit in 18 shades, Root Perfection in 5 shades, ColorWonder Demi-Permanent Hair Color in 10 shades, and The Ultimate Pro Color Tool Kit.
This expansion adds to Madison Reed's existing retail presence of over 3,800 stores, including Ulta Beauty, Target, Walmart, Amazon, and 94+ owned Hair Color Bars. The company differentiates itself by offering salon-quality formulas free from harsh ingredients like ammonia, resorcinol, and PPD, while incorporating conditioning ingredients such as argan oil and ginseng root extract.
Uber Technologies (NYSE: UBER) and Sally Beauty have announced a nationwide partnership to offer on-demand delivery of beauty supplies through the Uber Eats platform. This marks Uber Eats' first national beauty partnership, enabling customers to order hair care products, hair color, nail products, and styling tools directly through the app.
To celebrate the launch, customers can receive 50% off orders of $50 or more through March 31st. Uber One members will continue to enjoy $0 Delivery Fees on eligible orders. The partnership enhances Sally Beauty's digital presence and expands their same-day delivery reach nationwide.
The service provides access to best-selling brands including bondbar, Dashing Diva, Eva NYC, ion, OPI, Sauce Beauty, Wella, and XMONDO. Customers can easily browse and order products through the Uber Eats app's Retail or Beauty category, with real-time order tracking.
Sally Beauty Holdings (NYSE: SBH) has announced plans to relocate its corporate headquarters from Denton to Plano, Texas, maintaining its presence in the Dallas-Fort Worth area. The company will move to a new facility at 7900 Windrose, which is designed to be a modern and collaborative workspace.
The relocation aims to create a 'workplace of the future' that will enhance collaboration, innovation, and support talent retention efforts. The company expects to remain in its current Denton location through late 2025 while the new headquarters is under construction.
The move comes after more than 40 years in Denton. Plano officials highlighted the city's robust infrastructure, thriving job market, and pedestrian-friendly office environment as key advantages of the new location, which offers convenient access to State Highway 121 and Dallas North Tollway.
Bolt Projects Holdings (Nasdaq: BSLK) has announced a strategic partnership with Goddess Maintenance Co. (GMCo) for a groundbreaking beauty launch. GMCo has committed to $4 million in annual b-silk purchases through a multi-year supply agreement.
The launch, scheduled for Spring 2025, will be distributed through Sally Beauty Holdings' Beauty Systems Group network, reaching over 1,300 retail locations across the United States. GMCo's founding team includes Lauren Vesler and Manda Mason from The W Nail Bar, along with Edward Connaghan and Denise Russell, who contributed to Olaplex and K18's success.
The partnership leverages Bolt's Vegan Silk Technology Platform and targets the global beauty and personal care market, which is projected to reach $973.13 billion by 2030 with a 7.7% CAGR.
Sally Beauty Holdings (NYSE: SBH) reported strong Q1 fiscal 2025 results with consolidated net sales of $938 million, up 0.7% year-over-year, and comparable sales growth of 1.6%. The company achieved GAAP operating margin expansion of 330 basis points to 10.7% and adjusted operating margin growth of 50 basis points to 8.4%.
Key financial highlights include GAAP diluted EPS of $0.58, e-commerce sales of $99 million (10.6% of net sales), and operating free cash flow of $57 million. The company repaid $41 million of Term Loan B debt and completed $10 million in share repurchases.
Beauty Systems Group announced a new distribution partnership with K18, set to launch April 1st in all U.S. and Canadian stores. The company maintains its full-year guidance for comparable sales (flat to up 2%) and adjusted operating margin (8.5% to 9.0%), while updating consolidated net sales guidance to reflect foreign exchange impacts.
K18 Biomimetic Hairscience has announced its launch at Cosmo Prof, North America's largest distributor of professional beauty products. The biotech haircare brand's products will be available on Cosmo Prof's digital platforms starting March 21, 2025, followed by nationwide store availability in the US and Canada from April 1, 2025.
The company's flagship product, the Leave-In Molecular Repair Hair Mask featuring K18PEPTIDE™, has gained significant traction among professionals. K18 also offers the K18REPAIR™ Service, a professional-grade treatment for hair damage restoration. The brand has achieved over 20 billion TikTok views and received more than 25 prestigious awards, including WWD Product of the Year and Fast Company's Most Innovative.
Currently available in over 100 countries, K18 focuses on providing stylists with innovative products and educational support to enhance their artistry and business growth.
Sally Beauty Holdings (NYSE: SBH) has announced that its Beauty Systems Group division has signed a distribution agreement with K18, a leading professional hair care brand. The partnership will launch on April 1st across all Beauty Systems Group stores in the U.S. and Canada, including their e-commerce channel.
K18 is known for its proprietary K18PEPTIDE™ technology, which addresses hair damage at the molecular level. The brand has gained significant recognition with over 20 billion TikTok views and more than 30 prestigious awards, including WWD Product of the Year and Fast Company's Most Innovative. The brand's products are designed to provide faster and more effective solutions for hair repair, eliminating traditional long processing times.
Sally Beauty Holdings (NYSE:SBH) has announced it will host a conference call and webcast to discuss its first quarter financial results on February 13, 2025, at 7:30 a.m. Central Time. The company plans to release its financial results press release before U.S. markets open on the same day.
Investors can access the conference call from the United States by dialing (844) 867-6169 or internationally at (409) 207-6975 using access code 3549572#. A replay will be available from 10:30 a.m. Central Time on February 13 until February 27, 2025, accessible by dialing (866) 207-1041 (US) or (402) 970-0847 (International) with access code 1782156.
Sally Beauty (SBH) has announced the continuation of its Rooted in Success event series and partnership with Impressions of Beauty for the Black Girls Matter Meetup Tour. The initiative will visit nine HBCU campuses across the Southeast during February and March 2025.
The program includes on-campus brunches at six universities, featuring panel discussions with industry professionals from Black-owned brands available at Sally Beauty. Students will receive product demonstrations, hair consultations, and opportunities to win $300 Sally Beauty gift cards.
The company has also appointed celebrity hairstylist Monaè Everett as a new spokesperson. Sally Beauty currently carries over 50 Black-owned or founded brands and will introduce a new textured hair brand, Pardon My Fro, in March 2025. The company is also supporting the Future Change MakeHERs initiative, providing $200 gift cards to six emerging HBCU leaders.
Sally Beauty Holdings (NYSE: SBH) reported Q4 fiscal 2024 results with consolidated net sales of $935 million, up 1.5% year-over-year, and comparable sales growth of 2.0%. Q4 GAAP operating margin expanded 50 basis points to 8.8%, while adjusted operating margin improved 80 basis points to 9.4%. The company generated strong Q4 cash flow from operations of $111 million, which was used to repay $45 million in credit facility debt and fund $10 million in share repurchases. Beauty Systems Group acquired Exclusive Beauty Supplies in Florida. For fiscal 2025, the company expects consolidated net sales and comparable sales to be flat to up 2%, with adjusted operating margin projected between 8.5% to 9.0%.
