earnings
confidence high
sentiment neutral
materiality 0.60
Sally Beauty Q3 sales $942M (+1.2%), EPS $0.36; comp sales +1.5%, maintains FY guidance
Sally Beauty Holdings, Inc.
2024-Q3 EPS reported
$0.98
revenue$2,782,003,000
- GAAP EPS $0.36, adjusted EPS $0.45; GAAP operating margin 7.6%, adjusted 8.9%.
- Consolidated comp sales +1.5%; Sally comp +0.7%, BSG comp +2.6%.
- Generated $48M operating cash flow; repurchased $10M in shares during quarter.
- Maintained FY guidance: net sales flat, gross margin 50.5%-51.0%, adjusted op margin ~8.5%.
- Repriced term loan B to SOFR+175bps, saving ~$2M annually in interest.