secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sally Beauty Holdings, Inc. (SBH)
CIK:        0001368458
Form:       8-K
Filed at:   2026-02-09T23:59:59+00:00
Accession:  0001193125-26-041889
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sally Beauty Q1 adjusted EPS +12% to $0.48; raises FY2026 guidance low end
--------------------------------------------------------------------------

- Q1 net sales $943M (+0.6%), comps flat; GAAP EPS $0.45 (-22%), adjusted EPS $0.48 (+12%).
- Adjusted gross margin expanded 50 bps to 51.3%; adjusted operating margin 8.5%.
- Cash from ops $93M; repaid $20M term loan, repurchased $21M shares; net debt leverage 1.5x.
- Raised low end of FY2026 adj. EPS guidance to $2.02–$2.10 (from $2.00–$2.10); other guidance unchanged.
- E-commerce sales $111M (11.7% of sales); Sally Beauty +1.2%, BSG -0.2% comp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1368458/000119312526041889/0001193125-26-041889-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1368458/000119312526041889/d104904d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-041889

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