---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-278770"
form_type: "8-K"
ticker: "SBH"
cik: "0001368458"
company_name: "Sally Beauty Holdings, Inc."
filed_at: "2025-11-13T23:59:59+00:00"
generated_at: "2026-05-16T20:12:57.271035+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sally Beauty Q4 beats expectations; adjusted EPS up 10% YoY, provides FY2026 guidance and long-term targets

## Summary
- Q4 net sales $947M (+1.3% YoY); comparable sales +1.3%; GAAP diluted EPS $0.49 (+7%), adjusted $0.55 (+10%).
- Full year net sales $3.70B (-0.4%); adjusted diluted EPS $1.90 (+12%); free cash flow $216M.
- Segment: Sally sales +1.4%, BSG +1.1%; consolidated gross margin expanded 100bps to 52.2%.
- Net debt leverage 1.6x; no ABL borrowings; inventory down 4.7% to $988M; $53M in share repurchases in FY2025.
- FY2026 guidance: net sales $3.71B-$3.77B, adjusted diluted EPS $2.00-$2.10; long-term targets see 1-3% annual sales growth.

## SEC filing metadata
- accession: 0001193125-25-278770
- form_type: 8-K
- ticker: SBH
- cik: 0001368458
- company_name: Sally Beauty Holdings, Inc.
- filed_at: 2025-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368458/000119312525278770/0001193125-25-278770-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368458/000119312525278770/d887048d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-278770
- JSON: https://secwatch.observer/filing/0001193125-25-278770.json
- Plain text: https://secwatch.observer/filing/0001193125-25-278770.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.