Sally Beauty (SBH) Q3 Earnings Top, Comparable Sales Up Y/Y

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 ...