Sally Beauty(SBH)

Search documents
Sally Beauty (SBH) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2025-02-11 15:20
Core Viewpoint - Analysts forecast that Sally Beauty (SBH) will report quarterly earnings of $0.43 per share, reflecting a year-over-year increase of 10.3%, with anticipated revenues of $941.44 million, showing a 1.1% increase compared to the previous year [1]. Earnings Estimates - Over the last 30 days, there has been a downward revision of 0.7% in the consensus EPS estimate for the quarter, indicating a collective reconsideration by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Key Metrics Projections - Analysts predict 'Net Sales- Sally Beauty Supply' will reach $529.05 million, indicating a year-over-year change of +1.1% [5]. - 'Net Sales- Beauty Systems Group' is expected to be $412.33 million, also reflecting a +1.1% change from the year-ago quarter [5]. - The estimated 'Number of stores at end-of-period - Beauty Systems Group' is projected to be 1,331, slightly down from 1,332 in the previous year [5]. Store Count Estimates - The estimated 'Number of stores at end-of-period - Total' is 4,460, down from 4,475 reported in the same quarter last year [6]. - For 'Number of stores at end-of-period - Sally Beauty Supply', the estimate is 3,128, compared to 3,143 in the same quarter last year [6]. Stock Performance - Over the past month, shares of Sally Beauty have returned -13.2%, contrasting with the Zacks S&P 500 composite's +4.2% change [7]. - Currently, SBH holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [7].
Sally Beauty Holdings Is Looking Quite Pretty Here
Seeking Alpha· 2025-02-03 07:23
Group 1 - The article emphasizes that the best time to invest in a company is during market downturns, particularly when share prices are low due to external factors rather than company performance [1] - Crude Value Insights focuses on cash flow and the potential for value and growth in oil and natural gas companies, indicating a strategic investment approach [1] - The service offers subscribers access to a stock model account, detailed cash flow analyses of exploration and production (E&P) firms, and live discussions about the sector [2] Group 2 - A promotional offer is available for a two-week free trial, encouraging potential investors to explore opportunities in the oil and gas sector [3]
Sally Beauty Continues Commitment to Education & Events Supporting the Textured Hair Community
Prnewswire· 2025-01-29 14:03
Core Insights - Sally Beauty is sponsoring the Black Girls Matter Meetup Tour in partnership with Impressions of Beauty, focusing on empowering Black female students at HBCUs during Black History Month and Women's History Month [1][2] - The initiative aims to create a supportive community for students, providing resources and opportunities for personal and professional growth [2][3] Company Overview - Sally Beauty Holdings, Inc. is a leader in professional hair color and beauty supplies, operating through Sally Beauty Supply and Beauty Systems Group, offering a wide range of products for hair care, nails, and skin care [4] - The company provides up to 7,000 products through proprietary and professional brands, catering to both retail consumers and salon professionals [4] Partnership Details - The partnership with Impressions of Beauty allows Sally Beauty to engage with over 5 million students and amplify voices within the textured hair community [2] - The Black Girls Matter Meetup Tour will visit nine HBCU campuses, offering events that include brunches, panel discussions, and product demonstrations [3] Event Highlights - The tour will feature an immersive brunch experience at six campuses, allowing students to connect with peers and industry leaders [3] - Notable brands available at Sally Beauty, such as Camille Rose Naturals and Shea Moisture, will be highlighted during the events [3] - Participants will have the chance to win a $300 Sally Beauty gift card and receive free textured hair products [3] Community Engagement - Sally Beauty is committed to supporting the Future Change MakeHERs initiative, celebrating emerging leaders from HBCUs with $200 gift cards [3] - The company aims to foster a sense of belonging and empowerment among Black college women, extending its impact beyond the event [2][3]
Best Value Stocks to Buy for January 14th
ZACKS· 2025-01-14 15:11
Here are three stocks with buy rank and strong value characteristics for investors to consider today, January 14th: Sally Beauty (SBH) : This company which, is an international specialty retailer and distributor of professional beauty supplies, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 60 days.Sally Beauty has a price-to-earnings ratio (P/E) of 5.96 compared with 11.40 for the industry. The company possess ...
Will Sally Beauty (SBH) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-01-10 18:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Sally Beauty (SBH) . This company, which is in the Zacks Retail - Miscellaneous industry, shows potential for another earnings beat.This beauty products seller has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 8.33%.For ...
Sally Beauty Trades at a Discount: Is the Stock a Buy, Hold or Sell?
ZACKS· 2024-12-26 16:55
Sally Beauty Holdings, Inc. (SBH) is currently trading at a discount to its historical and industry benchmarks. The SBH stock trades at a forward 12-month price-to-earnings (P/E) ratio of 5.94, below its median level of 6.46 in the past year and significantly lower than the industry’s average of 18.43. This suggests that SBH may be undervalued relative to its earnings potential, presenting an attractive opportunity for investors. The company's current Value Score of A further highlights its potential for lo ...
Sally Beauty Q4 Earnings Beat Estimates, Comparable Sales Rise Y/Y
ZACKS· 2024-11-15 17:45
Sally Beauty Holdings, Inc. (SBH) reported solid fourth-quarter fiscal 2024 results, wherein the top and bottom lines increased year over year. Also, earnings beat the Zacks Consensus Estimate, whereas net sales missed the same. The company concluded the fiscal fourth quarter on a strong note, driven by momentum across the Sally Beauty and Beauty Systems Group segments. Positive comparable sales and healthy gross margins led to expanded operating margins. Heading into fiscal 2025, the company remains focuse ...
Sally Beauty(SBH) - 2024 Q4 - Annual Report
2024-11-14 22:20
Regulatory, Legal and Cybersecurity Risks Legal proceedings, including litigation, regulatory proceedings, and other claims, and the outcome of such proceedings, litigation or claims, could have a material adverse ef ect on our business, financial condition and cash flows. From time to time, we are a party to claims, litigation, including single-plaintiff and class action litigation, and other legal proceedings that arise in the ordinary course of our business, including matters involving employment, premis ...
Sally Beauty(SBH) - 2024 Q4 - Earnings Call Transcript
2024-11-14 20:54
Financial Data and Key Metrics Changes - The company reported consolidated net sales of $3.7 billion for fiscal year 2024, with strong gross margins of 51% and adjusted operating income of $315 million, generating $247 million in cash flow from operations [9][34] - In Q4, consolidated net sales were $935 million, an increase of 1.5%, while comparable sales grew by 2% [34] - Adjusted operating margin expanded by 80 basis points to 9.4% year-over-year, with adjusted EBITDA margin at 12.6% [8][38] Business Line Data and Key Metrics Changes - Sally Beauty segment saw comparable sales increase by 2.6% and net sales growth of 1.8% year-over-year, with gross margin increasing by 120 basis points to 60.4% [39][40] - BSG segment reported comparable sales growth of 1.3% and net sales up 1%, with gross margin at 39%, down 30 basis points from the previous year [41][42] Market Data and Key Metrics Changes - Global e-commerce sales reached $91 million, representing 10% of total net sales, with BSG e-commerce sales at $53 million, accounting for 13% of segment net sales [35][42] - The company generated 78% of sales from 16 million loyalty customers in the U.S. and Canada [10] Company Strategy and Development Direction - The company is focusing on enhancing customer centricity, growing high-margin owned brands, and amplifying innovation while increasing operational efficiency [15][20] - A brand refresh initiative is underway to modernize the Sally Beauty brand and improve customer experience [16][19] - The company plans to capture cumulative gross margin and SG&A benefits of approximately $70 million by the end of fiscal 2025 [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in entering fiscal 2025 with strong momentum, driven by customer reactivations and new customer acquisitions [29][30] - The company anticipates continued top-line growth in the first half of fiscal 2025, with guidance for consolidated net sales and comparable sales in the range of flat to up 2% [53][54] Other Important Information - The company completed the strategic acquisition of Exclusive Beauty Supplies of Florida, enhancing its market presence [12] - The company plans to invest $300 million to $325 million in capital expenditures in fiscal 2025, including share repurchases and debt reduction [50][51] Q&A Session Summary Question: Why is now the right time for the brand refresh? - Management indicated that the timing is right due to returning to positive growth and insights gained from previous initiatives [57][58] Question: What are the expectations for AUR and comp metrics? - Management expects AUR to remain modestly positive, with continued strength in color, care, and nails categories [62][65] Question: How does the promotional environment look? - Management noted consistency in promotional activity, with a slight decrease in promotional frequency for Sally compared to the prior year [66][67] Question: What are the trends in transactions versus ticket for BSG? - Transactions were strong, with a low-single-digit increase in frequency, while average ticket was slightly lower [70] Question: What are the building blocks for margin improvement? - Management highlighted sales growth and the Fuel for Growth program as key contributors to margin improvement [73][76] Question: Are there benefits from drug store closures? - Management stated that they focus on their customer base and are seeing positive trends from new and reactivated customers [93] Question: What are the key takeaways from the Studio by Sally initiative? - Key learnings include changes in store format and customer engagement strategies that will be integrated into the brand refresh [95][96]
Sally Beauty Plans Brand Refresh and Enhanced Customer Experience
PYMNTS.com· 2024-11-14 19:08
Core Insights - Sally Beauty Holdings is initiating a brand refresh aimed at modernizing its customer experience and enhancing its market position as a beauty powerhouse [1][3] - The brand refresh is scheduled to launch in the second half of fiscal 2025 [2] Financial Performance - In the fourth quarter, revenue increased by 1.5% to $935 million, with consolidated comparable sales rising by 2.0% [4] - For the full fiscal year, consolidated net sales totaled $3.72 billion, reflecting a slight decline of 0.3%, while comparable sales grew by 0.3% [5] - Full-year eCommerce sales reached $364 million, accounting for 9.8% of net sales [5] Strategic Initiatives - A key strategy involves leveraging 16 million loyalty members in the U.S. and Canada, who contribute to 78% of total sales [6] - The company has expanded its marketplace presence through partnerships with DoorDash and Instacart, attracting new customers [6] - The Licensed Colorist On Demand (LCOD) service saw a 20% increase in demand, indicating a growing preference for personalized beauty services [6] Customer Engagement - The company is enhancing customer engagement through advanced CRM tools, improving communication via SMS, email, and mobile platforms [6][7] - The app is experiencing increased engagement, supported by personalized SMS and CRM activities [7] Future Outlook - Looking ahead to fiscal 2025, the company is optimistic about its growth trajectory, citing successful strategic initiatives and positive customer trends [7]