earnings
confidence high
sentiment positive
materiality 0.70
Sally Beauty Q4 adj. EPS $0.50 (+19% YoY); net sales +1.5%; guides FY25 sales flat to up 2%
Sally Beauty Holdings, Inc.
2024-FY EPS reported
$1.43
revenue$3,717,031,000
- Q4 net sales $935M (+1.5%), comp +2.0%; adj. EPS $0.50 vs $0.42 prior year.
- Adjusted operating margin expanded 80bps to 9.4%; full-year adj. operating margin 8.5%.
- Beauty Systems Group acquired Exclusive Beauty Supplies (FL) for $7.5M; adds 3 stores and brand distribution rights.
- FY2025 guidance: net sales flat to up 2%; adj. op. margin 8.5%-9.0% FY, Q1 8.0%-8.4%.
- Q4 cash flow from ops $111M; repaid $45M ABL, repurchased $10M shares; net leverage 2.0x.