Modern and collaborative workspace delivers enhanced environment for associates. DENTON, Texas , March 5, 2025 /PRNewswire/ -- Sally Beauty Holdings, Inc. (NYSE: SBH) ("the Company"), the leader in professional hair color, today announced plans to relocate its corporate headquarters from Denton, Texas, to Plano, Texas, maintaining its presence within the greater Dallas-Fort Worth area.
SBH is a consistently profitable business experiencing irrational market volatility. The current valuation is near historic lows, offering a strong risk-reward setup. The company is improving margins, shifting focus to e-commerce, and routinely returns capital to shareholders.
SBH reports solid first-quarter results, driven by segment momentum. Fiscal 2025 net sales guidance is updated due to unfavorable foreign exchange impact.
Sally Beauty Holdings, Inc. (NYSE:SBH ) Q1 2025 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Jeff Harkins - VP, IR and Treasurer Denise Paulonis - President and CEO Marlo Cormier - CFO Conference Call Participants Oliver Chen - TD Cowen Korinne Wolfmeyer - Piper Sandler Susan Anderson - Canaccord Genuity Ashley Helgans - Jefferies Simeon Gutman - Morgan Stanley Olivia Tong - Raymond James Operator Good morning, everyone, and welcome to the Sally Beauty Holdings conference call to discuss the company's first quarter fiscal 2025 results. [Operator Instructions] Now I would like to turn the call over to Jeff Harkins, Vice President of Investor Relations and Treasurer for Sally Beauty Holdings.
Sally Beauty entered the first quarter with strong momentum, driven by consistent, comparable sales growth in its key segments.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Sally Beauty (SBH), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
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.
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.
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.