Sally Beauty (SBH) Gains on Customer Focus, High Costs Hit
Sally Beauty(SBH) ZACKS·2024-06-26 15:46
Factors Working in Sally Beauty's Favor The Fuel for Growth initiative ensures Sally Beauty remains poised to achieve increased gross margins and efficiencies in selling, general and administrative expenses (SG&A), while also focusing on growth and enhancing its shareholder value. SBH is projected to realize pre-tax advantages of $20 million in fiscal 2024. Furthermore, it has identified an additional potential pre-tax benefit of around $50 million for fiscal 2025, culminating in cumulative benefits approac ...