secwatch.observer — SEC 8-K summary
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Issuer:     Sally Beauty Holdings, Inc. (SBH)
CIK:        0001368458
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0000950170-24-056230
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sally Beauty Q2 net sales $908M (-1.1%), adj EPS $0.35, refinances $680M note
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- GAAP EPS $0.27, adjusted EPS $0.35 vs $0.41 prior year; net sales $908.4M, down 1.1%.
- Comparable sales -1.5%; Sally Beauty -4.0%, Beauty Systems Group +2.0%.
- Refinanced $680M 5.625% senior note due 2025 with $600M 6.75% note due 2032.
- FY2024 guidance: net sales ~flat, adj operating margin ~8.5%, op cash flow ~$240M, capex ~$100M.
- Q2 operating cash flow $36.9M; repurchased 1.5M shares for $20M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1368458/000095017024056230/0000950170-24-056230-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1368458/000095017024056230/sbh-20240509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-056230

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer