EarningsBetter than expected 1Q24 results with a positive comp growth of +0.7% driven by improving salon demand.
Financial PerformanceThe company's ability to generate free cash flow is a positive indicator of financial health and operational efficiency.
Strategic InitiativesStrategic initiatives that could lead to consistent comp growth include owned brand traction at Sally Beauty and innovation at Beauty Systems Group.
Bears Say
Company OutlookManagement's expectation of negative comparable store sales in the first quarter and flat revenue growth for the fiscal year signals short-term challenges ahead.
Consumer DemandLower income consumer demand remains pressured, impacting comps in the near term.
Earnings PerformanceSBH missed EPS driven by comp weakness (-1.6% vs. Street's -0.7%) given shopper preferences for value driving a mix shift toward higher promo items.
What was Sally Beauty Holdings’s price range in the past 12 months?
Sally Beauty Holdings lowest stock price was €6.80 and its highest was €13.10 in the past 12 months.
What is Sally Beauty Holdings’s market cap?
Currently, no data Available
When is Sally Beauty Holdings’s upcoming earnings report date?
Sally Beauty Holdings’s upcoming earnings report date is May 02, 2024 which is in 5 days.
How were Sally Beauty Holdings’s earnings last quarter?
Sally Beauty Holdings released its earnings results on Feb 01, 2024. The company reported €0.367 earnings per share for the quarter, beating the consensus estimate of €0.347 by €0.021.
Sally Beauty Holdings does not currently pay dividends.
What is Sally Beauty Holdings’s EPS estimate?
Sally Beauty Holdings’s EPS estimate is €0.37.
How many shares outstanding does Sally Beauty Holdings have?
Sally Beauty Holdings has 104,883,606 shares outstanding.
What happened to Sally Beauty Holdings’s price movement after its last earnings report?
Sally Beauty Holdings reported an EPS of €0.367 in its last earnings report, beating expectations of €0.347. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Sally Beauty Holdings?
Among the largest hedge funds holding Sally Beauty Holdings’s share is Polaris Capital Management LLC. It holds Sally Beauty Holdings’s shares valued at 36M.
Sally Beauty Holdings, Inc. is an international retailer and distributor of professional beauty supplies. It operates through the following segments: Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment is an open-line and exclusive-label distributor of professional beauty supplies to both retail consumers and salon professionals primarily in North America, South America, and Europe. The Beauty Systems Group segment is a full-service beauty supply distributor offering professional brands directly to salons and salon professionals primarily in North America. The company was founded in 1964 and is headquartered in Denton, TX.
Copying Simeon Gutman's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -10.16% per trade.