earnings
confidence high
sentiment neutral
materiality 0.60
Sally Beauty Q1 net sales $931M (-2.7% YoY); adj. EPS $0.39; holds FY guidance
Sally Beauty Holdings, Inc.
2024-Q1 EPS reported
$0.35
revenue$931,302,000
- Q1 GAAP diluted EPS $0.35 vs $0.46 prior year; adjusted diluted EPS $0.39 vs $0.52.
- Consolidated net sales $931.3M, down 2.7% YoY; comparable sales declined 0.8%.
- Cash flow from operations $51M; share repurchases $20M (1.9M shares).
- Sally Beauty Supply comp sales -1.9%; Beauty Systems Group comp sales +0.7%.
- Full year FY2024 guidance maintained: net sales flat YoY, adjusted op margin ≥9.0%, op cash flow ≥$260M.