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Sally Beauty Holdings' stock has dropped 27.3%, despite management's efforts to improve bottom-line results and significant share buybacks, making it an attractive investment. Revenue dipped slightly due to store closures, but comparable store sales rose by 0.3%, driven by the Beauty Systems Group's 1.6% improvement. Increased costs, including labor and transformation initiatives, impacted net income and other profitability metrics, but management expects long-term benefits and substantial cost savings by 2026.
DENTON, Texas--(BUSINESS WIRE)--Sally Beauty Holdings, Inc. (NYSE:SBH) (“the Company”), the leader in professional hair color, announced today that it will host a conference call and webcast on February 13, 2025, at 7:30 a.m. Central Time to discuss its first quarter financial results. A copy of the press release announcing the first quarter financial results is expected to be made available before the U.S. financial markets open on February 13, 2025, on the Company's website sallybeautyholding.
Sally Beauty (SBH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The retailer is prioritizing community building and expertise with its second annual Rooted in Success HBCU-focused sponsorship while introducing a new spokesperson for textured hair. DENTON, Texas , Jan. 29, 2025 /PRNewswire/ -- Sally Beauty, the industry-leading destination for professional-quality hair color and care, is proud to announce the continuation of its Rooted in Success event series and the expansion of its spokesperson lineup to include celebrity hairstylist, Monaè Everett.
SBH, TRV and VIRT made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 14, 2025.
BWAY, EE, MATW, BRBR and FMAO have been added to the Zacks Rank #1 (Strong Buy) List on January 14, 2025.
Sally Beauty (SBH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
DICK'S Sporting Goods, Five Below, Sally Beauty and BARK have been highlighted in this Industry Outlook article.
While challenges prevail in the Retail - Miscellaneous industry, players such as DICK'S Sporting, Five Below, Sally Beauty and BARK look well-poised due to their business operating model and prospects.
Despite facing challenges, SBH's resilience and focus position it well for growth.