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Sally Beauty Hldgs - SBH STOCK NEWS

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.

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Sally Beauty Holdings, Inc. (NYSE: SBH) reported Q2 net sales of $908 million, a 1.1% decrease YoY, with GAAP gross margin at 51.0%. Adjusted Operating Earnings were $69 million, GAAP net earnings per share at $0.27, and $37 million cash flow from operations. The Company completed a $20 million share repurchase, refinanced a $680 million note, and updated fiscal 2024 guidance.

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Sally Beauty Holdings, Inc. (NYSE:SBH) announced a conference call and webcast on May 9, 2024, at 7:30 a.m. Central Time to discuss second quarter financial results. The press release will be available on the company's website. Investors can join the call to hear about the company's strategy, financial results, and business matters.
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Better Natured®, a vegan at-home hair color and hair care brand, celebrates National Hair Color Day with new research revealing 53% of women color their hair to boost mood. Launching at Sally Beauty, the brand offers salon-grade color with clean ingredients.
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DoorDash (DASH) announces new partnerships with Sally Beauty and M·A·C Cosmetics, expanding its on-demand beauty selection. Consumers can now access a wide range of beauty products delivered within an hour, enhancing convenience and selection.
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Sally Beauty Holdings, Inc. completes a $600.0 million Senior Notes offering to redeem outstanding senior unsecured notes due 2025. The Company aims to strengthen its financial position through this transaction.
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Briogeo partners with Cosmo Prof to expand its presence in 500 locations nationwide, offering clean and natural hair care products to stylists and customers. The partnership aims to provide education programs and support for stylists, enhancing the brand's reach in the professional beauty industry.
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Sally Beauty partners with The Black Hair Experience to launch Rooted in Success events celebrating Black hair and culture during Black History Month & Women's History Month. The initiative aims to empower HBCU students, entrepreneurs, and consumers through unique activations and discounts on textured hair brands.
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Cosmo Prof announces its fourth year of the World of Texture virtual event, aiming to provide high-quality educational resources to stylists in the beauty industry. The event will focus on enhancing understanding of texture and curl patterns, catering to the growing demand for well-rounded beauty professionals. Attendees will have the opportunity to learn from industry experts, special guests, and leading brands, with a 143% increase in attendance over the last two years. The event will also feature workshops, CE eligible class sessions, and personalized expert advice through the Color & Curl Concierge program.
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Sally Beauty Holdings, Inc. (SBH) reports Q1 cash flow from operations of $51 million, executed $20 million in share repurchases, and maintains full year fiscal 2024 guidance. Q1 financial results include a 2.7% decrease in net sales, 0.8% decline in comparable sales, and $91 million global e-commerce sales. GAAP gross margin was 50.2%, and GAAP operating earnings were $69 million. The company's strategic initiatives are aimed at driving top line growth and improving long-term profitability. However, the decrease in net sales and gross profit, as well as the increase in SG&A expenses, are areas of concern.
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Sally Beauty Holdings, Inc. (SBH) will host a conference call and webcast on February 1, 2024, at 7:30 a.m. Central Time to discuss first quarter financial results. The press release announcing the results will be available on the Company's website before the U.S. financial markets open on February 1, 2024. The conference call will be available to all investors and will include discussion of the Company's strategy, financial results, and expectations.
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Sally Beauty Hldgs

NYSE:SBH

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825.83M
101.04M
0.83%
116.27%
11.64%
Specialty Retail
Retail-retail Stores, Nec
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United States
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