Sally Beauty (SBH) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates

Core Insights - Sally Beauty (SBH) is expected to report quarterly earnings of $0.39 per share, an increase of 11.4% year-over-year, with revenues forecasted at $901.1 million, reflecting a decrease of 0.8% compared to the previous year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' projections [1][2] Financial Metrics - Analysts predict 'Net Sales- Sally Beauty Supply' to reach $507.67 million, a year-over-year decline of 1.1% [4] - 'Net Sales- Beauty Systems Group' is expected to be $392.35 million, indicating a decrease of 0.7% from the prior-year quarter [4] - The 'Number of stores at end-of-period - Beauty Systems Group' is projected at 1,329, down from 1,334 in the same quarter last year [5] - The total 'Number of stores at end-of-period' is estimated to be 4,450, compared to 4,468 a year ago [5] - 'Number of stores at end-of-period - Sally Beauty Supply' is forecasted to be 3,121, down from 3,134 in the previous year [6] - 'Operating Income- Beauty Systems Group' is expected to be $49.88 million, an increase from $43.02 million reported in the same quarter last year [6] - 'Operating Income- Sally Beauty Supply' is projected at $83.74 million, up from $76.82 million a year ago [7] Market Performance - Over the past month, shares of Sally Beauty have returned -5.2%, contrasting with the Zacks S&P 500 composite's +11.3% change [8] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [8]