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Sally Beauty Holdings, Inc. (NYSE: SBH) is a leading specialty retailer and distributor of professional beauty supplies. The company operates through two primary segments: Sally Beauty Supply and Beauty Systems Group.
The Sally Beauty Supply segment caters to retail customers, salons, and salon professionals, offering a wide range of beauty products including hair color and care, skin and nail care, and styling tools. This segment features products from renowned third-party brands such as Wella, Clairol, OPI, Conair, and Hot Shot Tools, as well as exclusive-label brand merchandise.
The Beauty Systems Group segment targets professional beauty products directly to salons and salon professionals through professional-only stores, e-commerce websites, and a sales force. This segment also operates franchised stores under the Armstrong McCall store names and sells products from notable brands including Paul Mitchell.
Sally Beauty Holdings has a significant international presence, operating in the United States, Puerto Rico, the United Kingdom, Belgium, Canada, Chile, Colombia, Mexico, Peru, France, Ireland, Spain, Germany, and the Netherlands.
In recent developments, Cosmo Prof, part of the Beauty Systems Group, continues to support beauty professionals through educational initiatives. Notably, Cosmo Prof’s World of Texture event serves as a hub for students and professionals to deepen their understanding of textured hair, addressing an important gap in cosmetology education.
Additionally, Sally Beauty has recently launched Better Natured®, a vegan at-home hair color and care brand, into its stores nationwide. This launch aligns with Sally Beauty's mission to offer accessible, professional-quality products using naturally-derived ingredients.
Financially, Sally Beauty remains focused on maintaining a strong market position by expanding its product offerings, enhancing e-commerce capabilities, and continually investing in educational programs for beauty professionals. These strategies aim to bolster its reputation as a leader in the professional beauty supply industry.
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