Sally Beauty Q3 net sales $931M (-3.2% YoY); adjusted EPS $0.49; raises operating margin guidance

Sally Beauty Holdings, Inc.

2023-Q3 EPS reported $1.30 revenue$2,806,775,000

GAAP diluted EPS $0.46 vs $0.43 prior year; adjusted diluted EPS $0.49 vs $0.55 prior year.
Consolidated net sales $931M, down 3.2% YoY; comparable sales increased 0.6%.
Adjusted operating margin guidance raised to 9.0%-9.4% range (previously 8.5%-9.5%).
Sally Beauty segment comparable sales +3.0%; Beauty Systems Group segment -2.4%.
Company introduces new store concept ‘Happy Beauty Co.’ to drive future growth.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Sally Beauty Holdings, Inc. reported the third quarter ended June 30, 2023 results: revenue $931 million, net income $50.8 million, or $0.46 per diluted share, EPS $0.49. Guidance reaffirmed.

Period: the third quarter ended June 30, 2023
Revenue: $931 million
Net income: $50.8 million, or $0.46 per diluted share
EPS: $0.49
Guidance: reaffirmed
Result: reported results

Exact text from the filing

The Company will hold a conference call today at 7:30 a.m. Central Time to discuss these results and its business. Fiscal 2023 Third Quarter Summary • Consolidated net sales of $931 million, a decrease of 3.2% compared to the prior year; • Consolidated comparable sales increased 0.6%; • Global e-commerce sales increased 3% to $83 million, representing 8.9% of net

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Source: SEC EDGAR

accession 0000950170-23-037556

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