The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Sally Beauty (SBH) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.Sally Beauty is one of 195 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #10 within the Zacks Sector Rank. The Zacks Se ...

Core Insights - Sally Beauty Holdings reported fiscal Q4 2025 results that exceeded consensus analyst estimates, yet the stock declined by 1.6% [1] Financial Performance - For the quarter ending September 30, net sales increased by slightly over 1% year-over-year to $947 million, while non-GAAP net income rose nearly 8% to $56.4 million ($0.55 per share) [2][3] - Both key metrics surpassed analyst expectations, with analysts predicting under $933 million in sales and $0.45 per share for non-GAAP net profit [3] Future Guidance - For fiscal year 2026, Sally Beauty expects net sales between $3.71 billion and $3.77 billion, slightly above the $3.7 billion reported for fiscal 2025 and above the average analyst estimate of $3.69 billion [4] - The company forecasts adjusted earnings per share of $2 to $2.10, higher than last year's $1.90 and above the consensus expectation of $1.82 [5]

Core Insights - Sally Beauty Holdings reported net sales of $947 million for Q4, exceeding Wall Street's expectations of $933 million, marking a 1.3% increase year-over-year [1] - Adjusted earnings per share were 55 cents, surpassing analysts' estimates of 48 cents [2] - For the fiscal year 2025, net sales decreased by 0.4% to $3.70 billion [2] Sales Performance - Color sales increased by 7%, aided by partnerships with delivery services like Uber Eats and brands such as K18 and Sauce Beauty [2] - The company anticipates fiscal year 2026 sales to be between $3.71 billion and $3.77 billion [3] Strategic Outlook - The CEO expressed confidence in the company's growth strategies and long-term financial targets, aiming for annual net sales growth of 1% to 3% through fiscal 2028 [3] - The stock closed down 1.6% at $14.45 [4]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED: SEPTEMBER 30, 2025 -OR- ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to __________________ Commission File No. 1-33145 SALLY BEAUTY HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 36-2257936 ( ...

Core Insights - Sally Beauty Holdings, Inc. reported strong fourth-quarter fiscal 2025 results, with both revenue and earnings exceeding expectations and showing year-over-year growth [1][10]. Financial Performance - Adjusted earnings per share were $0.55, surpassing the Zacks Consensus Estimate of $0.49, and increased by 10% from $0.50 in the previous year [2][10]. - Consolidated net sales reached $947.1 million, exceeding the Zacks Consensus Estimate of $933 million, and grew by 1.3% from $935 million in the same quarter last year [2][10]. - Consolidated comparable sales also increased by 1.3% year over year [2]. E-commerce Performance - Global e-commerce sales amounted to $105 million, accounting for 11.1% of consolidated net sales for the quarter [3]. Margin and Cost Analysis - Gross profit rose by 3.1% year over year to $494.1 million, with gross margin expanding by 100 basis points to 52.2% [4]. - Adjusted selling, general and administrative expenses increased to $405.3 million, up $14 million from the previous year, representing 42.8% of sales compared to 41.8% a year earlier [4]. - Adjusted operating earnings were $88.6 million, slightly up from $88 million in the prior year, maintaining an adjusted operating margin of 9.4% [4]. Segment Performance - In the Sally Beauty Supply segment, net sales increased by 1.4% year over year to $541.6 million, with comparable sales growing by 1.2% [6]. - The Beauty Systems Group saw net sales rise by 1.1% to $405.5 million, with comparable sales improving by 1.4% and operating margin expanding by 160 basis points to 12.6% [6]. Financial Health - At the end of the fiscal fourth quarter, the company had cash and cash equivalents of $149.2 million, long-term debt of $862 million, and total stockholders' equity of $794.2 million [7]. - The company generated cash flow from operations of $121 million, with operating free cash flow at $78 million [7]. Future Guidance - For fiscal 2026, the company projects comparable sales growth to be flat to up 1% year over year, with consolidated net sales expected between $3.71 billion and $3.77 billion [11]. - Adjusted earnings per share are forecasted to be in the range of $2.00 to $2.10 for the fiscal year [11].

U.S. stocks were lower, with the Dow Jones index falling more than 100 points on Thursday.Shares of Spectrum Brands Holdings Inc (NYSE:SPB) rose sharply during Thursday's session after the company reported better-than-expected quarterly adjusted EPS results.Spectrum Brands reported quarterly earnings of $2.61 per share which beat the analyst consensus estimate of 86 cents per share. The company reported quarterly sales of $733.500 million which missed the analyst consensus estimate of $741.111 million.Spect ...

Sally Beauty Holdings (NYSE:SBH) Q4 2025 Earnings Call November 13, 2025 08:30 AM ET Company ParticipantsDenise Paulonis - President and CEOSydney Wagner - Equity Research AssociateJeff Harkins - VP of Investor Relations and TreasurerConference Call ParticipantsOlivia Tong - Managing Director and Senior AnalystNone - AnalystOperatorGood morning, everyone, and welcome to the Sally Beauty Holdings conference call to discuss the company's fourth quarter and full year fiscal 2025 results. All participants have ...

Financial Data and Key Metrics Changes - For Q4 2025, the company reported comparable sales growth of 1.3%, gross margin expansion of 100 basis points to 52.2%, adjusted operating margin of 9.4%, and adjusted diluted earnings per share increased by 10% to $0.55 [4][22] - For the full year, the company achieved $3.7 billion in revenue, with adjusted diluted earnings per share at $1.90, representing a 12% growth compared to the previous year [4][22] Business Line Data and Key Metrics Changes - In the Sally segment, net sales increased by 1.4% to $542 million, with comparable sales up 1.2% and e-commerce sales growing by 23% to $47 million [25][26] - In the BSG segment, net sales increased by 1.1% to $406 million, with comparable sales up 1.4% and e-commerce sales increasing by 8% to $58 million [27] Market Data and Key Metrics Changes - Global e-commerce sales increased by 15% to $105 million, representing 11% of total net sales [23] - The company maintained a strong margin profile, with gross margin expanding 100 basis points to 52.2% in Q4, driven by the benefits of the Fuel for Growth program [23][24] Company Strategy and Development Direction - The company is focused on four key growth drivers: understanding and activating the customer, unlocking digital value, differentiating with product assortment and innovation, and accelerating new growth pathways [7][21] - The Sally Ignited initiative aims to transform the business into a modern beauty powerhouse, with plans for 50 additional store refreshes in fiscal 2026 [16][50] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the Sally customer base and the stability of the stylist business, despite some pressure on lower-income consumers due to government shutdowns [40][75] - The company anticipates a strong holiday season and expects to leverage its strategic initiatives to drive growth in fiscal 2026 [41][75] Other Important Information - The company generated strong cash flow from operations of $275 million, which was used for debt repayment and share repurchases [5][28] - The Fuel for Growth program is expected to deliver cumulative run rate savings of approximately $120 million by the end of fiscal 2026 [20][25] Q&A Session Summary Question: Key factors driving performance in each division - Management highlighted the strength of color in both businesses, with color sales up 7% overall, and noted the positive impact of marketplaces and customer activation initiatives [32][35] Question: Consumer environment and comp guidance - Management noted that the Sally customer remains resilient, with a focus on core color categories, while acknowledging some pressure on lower-income consumers due to government shutdowns [39][40] Question: Update on store remodel program - The company has completed 30 store refreshes under the Sally Ignited initiative, with plans for 50 more in fiscal 2026, showing positive customer engagement and sales metrics [47][50] Question: Long-term outlook for EBIT dollar growth - Management expressed confidence in achieving long-term EBIT growth through continued optimization of the Fuel for Growth program and increasing own brand penetration [59][60] Question: Expectations for category growth - Management anticipates continued growth in color, care, and nails, with new category expansions into skin and spa, and a focus on enhancing customer experience [66][67]

Financial Data and Key Metrics Changes - For Q4 2025, the company reported comparable sales growth of 1.3%, with a gross margin expansion of 100 basis points to 52.2% and adjusted operating margin of 9.4% [5][22] - Full year revenue reached $3.7 billion, with adjusted diluted earnings per share increasing by 12% to $1.90 [5][25] - The company generated strong cash flow from operations of $275 million, with over $50 million returned to shareholders through share repurchases [6][29] Business Line Data and Key Metrics Changes - In the Sally segment, net sales increased by 1.4% to $542 million, with comparable sales up 1.2% [25][26] - The BSG segment saw net sales increase by 1.1% to $406 million, with comparable sales up 1.4% [27][28] - E-commerce sales for Sally US and Canada grew by 34%, while global e-commerce sales increased by 15% to $105 million [12][23] Market Data and Key Metrics Changes - The company maintained a strong margin profile, with gross margin expanding 100 basis points to 52.2% in Q4, driven by the Fuel for Growth program [22][23] - The company expects to maintain a healthy margin profile in fiscal 2026, offsetting potential cost increases through vendor partnerships and sourcing optimization [23][24] Company Strategy and Development Direction - The company is focused on four key growth drivers: understanding and activating the customer, unlocking digital value, differentiating with product assortment, and accelerating new growth pathways [9][21] - The Sally Ignited initiative aims to enhance the customer experience through physical and digital refreshes, category expansion, and immersive experiences [17][18] - The company plans to refresh up to 1,500 stores, with 30 completed by the end of fiscal 2025 [18][42] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate a complex environment, highlighting resilient customer behavior and strong performance in the color category [37][56] - The company anticipates continued growth in the core color category, with additional opportunities in care, nails, and new categories like skin and spa [50][61] - Management remains cautious about the impact of government shutdowns on lower-income consumers but expects a rebound as conditions improve [56][57] Other Important Information - The company generated cumulative run rate benefits of $74 million from the Fuel for Growth program, with expectations to reach $120 million by the end of fiscal 2026 [20][25] - The company is committed to returning approximately 50% of free cash flow to shareholders through share repurchases [21][30] Q&A Session Summary Question: Key factors driving performance in Q4 - Management noted strong color performance in both segments, with marketplaces outperforming and innovation driving positive sales growth in care [32][33] Question: Consumer environment and comp guidance - Management highlighted resilient customer behavior, particularly in the color category, while noting some pressure on lower-income consumers due to government shutdowns [36][37] Question: Update on store remodel program - The company has completed 30 store refreshes under the Sally Ignited initiative, with plans for 50 more in fiscal 2026 [40][42] Question: Long-term outlook for EBIT growth - Management expressed confidence in achieving long-term EBIT growth through top-line growth drivers and continued optimization from the Fuel for Growth program [47][48] Question: Expectations for category growth - Management anticipates continued growth in color, care, and nails, with new opportunities in skin and spa and other categories [50][61]

Core Insights - Sally Beauty reported quarterly earnings of $0.55 per share, exceeding the Zacks Consensus Estimate of $0.49 per share, and showing an increase from $0.50 per share a year ago, resulting in an earnings surprise of +12.24% [1] - The company achieved revenues of $947.08 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.51% and reflecting a year-over-year increase from $935.03 million [2] Earnings Performance - Over the last four quarters, Sally Beauty has surpassed consensus EPS estimates three times, indicating a strong performance trend [2] - The company had a previous earnings surprise of +21.43% when it reported earnings of $0.51 per share against an expectation of $0.42 per share [1] Stock Performance - Since the beginning of the year, Sally Beauty shares have increased by approximately 40.5%, significantly outperforming the S&P 500's gain of 16.5% [3] Future Outlook - The company's earnings outlook will be crucial for assessing future stock performance, with current consensus EPS estimates at $0.49 for the upcoming quarter and $2.01 for the current fiscal year [7] - The Zacks Rank for Sally Beauty is currently 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6] Industry Context - The Retail - Miscellaneous industry, to which Sally Beauty belongs, is currently ranked in the top 36% of over 250 Zacks industries, indicating a favorable industry outlook [8]