Core Insights - Sally Beauty Holdings, Inc. (SBH) is navigating a mix of opportunities and challenges in the beauty retail industry, focusing on strategic growth pillars to drive performance amidst weak consumer sentiment and rising costs [1][9][11] Strategic Growth Initiatives - SBH is centered around three key initiatives: enhancing customer-centricity, expanding high-margin brands, and driving innovation, with recent product launches resonating well with consumers [3][4] - The company’s store optimization program has improved productivity and profitability, contributing to a seamless omnichannel experience [4] - The Fuel for Growth plan is expected to deliver cumulative benefits of $120 million by 2026, enhancing margins and operational efficiency [4] Customer-Centric Strategies - SBH is acquiring new customers through marketing programs and strategic partnerships with major retailers like Amazon and Walmart, which are driving incremental sales [5][6] - The loyalty program is significant, with 78% of U.S. and Canadian sales coming from loyalty members in the fiscal third quarter [6] - The introduction of the Studio by Sally concept aims to provide a digital-first, DIY-centric shopping experience [6] New Retail Concepts - The launch of the Happy Beauty Co. concept targets value-conscious consumers with products priced under $10, showing positive reception in pilot locations [8] Challenges Facing the Company - SBH is experiencing challenges from weak consumer sentiment, with comparable transactions in the Sally Beauty Supply segment declining by 3% in the fiscal third quarter [9] - Rising operational costs, particularly in SG&A expenses, are squeezing margins, with adjusted EBITDA down 1.7% year-over-year and a quarterly adjusted EBITDA margin of 12.4% [10] - Currency fluctuations are also impacting international sales, complicating financial performance [10]

Core Insights - Sally Beauty is launching initiatives to celebrate Hispanic heritage through community-driven events and partnerships with artists and organizations [2][7][8] Group 1: Event Initiatives - The "Rooted in Success" event series will focus on Hispanic heritage programming in Miami starting in October 2024 [2][5] - A unique mural by Miami-based artist Disem305 will be unveiled on October 1, 2024, in Wynwood, Miami [4] - Sally Beauty ambassadors will distribute gift cards and products from Hispanic-owned brands from October 16 to October 20, 2024 [5] Group 2: Partnerships - Collaboration with the US Latinx Art Forum aims to amplify diverse voices and provide art-based learning opportunities within the Hispanic community [6][12] - The partnership with Disem305 highlights the intersection of art and beauty, showcasing the influence of the Hispanic community [4][7] Group 3: Corporate Commitment - Sally Beauty Holdings is extending Hispanic heritage programming internally through events led by the SOMOS Employee Resource Group [8] - The company emphasizes the importance of diversity and inclusion within its workforce and community initiatives [8] Group 4: Company Overview - Sally Beauty Holdings, Inc. is a leader in professional hair color and beauty supplies, offering a wide range of products through its various brands [10] - The company operates Sally Beauty Supply and Beauty Systems Group, providing products for both consumers and professionals [10]

Sally Beauty Holdings, Inc. (NYSE:SBH) Q3 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Jeff Harkins - Vice President, Investor Relations and Treasurer Denise Paulonis - President and Chief Executive Officer Marlo Cormier - Chief Financial Officer Conference Call Participants Oliver Chen - TD Cowen Korinne Wolfmeyer - Piper Sandler Olivia Tong - Raymond James Operator Good morning everyone and welcome to the Sally Beauty Holdings Conference Call to discuss the Company's Third ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: JUNE 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-33145 SALLY BEAUTY HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 36-2257936 (State or other jurisdiction of incorporation or organization) (I.R.S ...

Sally Beauty Holdings, Inc. (SBH) reported solid third-quarter fiscal 2024 results, as both the top and bottom lines beat the Zacks Consensus Estimate, and net sales increased year over year. The company witnessed positive comparable sales across both the Sally Beauty and Beauty Systems Group segments. At Sally Beauty, strategic initiatives such as better performance marketing, market expansions and digital enhancements were met with a positive consumer response, leading to growth in both new and returning ...

For the quarter ended June 2024, Sally Beauty (SBH) reported revenue of $942.34 million, up 1.2% over the same period last year. EPS came in at $0.45, compared to $0.49 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $931.39 million, representing a surprise of +1.18%. The company delivered an EPS surprise of +12.50%, with the consensus EPS estimate being $0.40. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

Sally Beauty (SBH) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this beauty products seller would post earnings of $0.39 per share when it actually produced earnings of $0.35, delivering a surprise of -10.26%. Over the last four quarters, ...

Exhibit 99.1 Contact: Jeff Harkins Investor Relations 940-297-3877 jharkins@sallybeauty.com Sally Beauty Holdings Reports Third Quarter Fiscal 2024 Results ➣ Q3 Consolidated Comparable Sales Increased 1.5% ➣ Generated Q3 Cash Flow from Operations of $48 Million ➣ Executed $10 Million in Share Repurchases ➣ Maintains Full Year Fiscal 2024 Guidance DENTON, Texas, August 8, 2024 – Sally Beauty Holdings, Inc. (NYSE: SBH) ("the Company"), the leader in professional hair color, today announced financial results f ...

Sally Beauty Holdings, Inc. (SBH) is likely to see a bottom-line decline when it reports third-quarter fiscal 2024 earnings on Aug 8. The Zacks Consensus Estimate for quarterly earnings has moved down by a cent in the past 30 days to 40 cents per share. The figure slumped 18.4% from the year-ago quarter's reported figure. The company's top line is likely to increase year over year. The consensus mark for quarterly revenues is pegged at $931.4 million, indicating a slight increase from the prior-year quarter ...

Wall Street analysts forecast that Sally Beauty (SBH) will report quarterly earnings of $0.40 per share in its upcoming release, pointing to a year-over-year decline of 18.4%. It is anticipated that revenues will amount to $931.39 million, exhibiting no change compared to the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.4% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimate ...