---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-038818"
form_type: "8-K"
ticker: "SBH"
cik: "0001368458"
company_name: "Sally Beauty Holdings, Inc."
filed_at: "2021-07-29T23:59:59+00:00"
generated_at: "2026-06-30T00:53:50.091020+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sally Beauty Q3 sales $1.02B, EPS $0.66; same-store sales up 44.7%; repurchase authorization extended

## Summary
- GAAP net earnings $76.2M ($0.66/diluted share); adjusted EPS $0.68, up 718% YoY.
- Consolidated net sales $1.02B, up 45.0%; same-store sales surged 44.7% on strong U.S. demand and easing COVID restrictions.
- Gross margin expanded 470 bps to 50.3%; adjusted operating margin 12.6% vs 2.3% a year ago.
- Reduced debt by $205M; ended Q3 with $270M cash and zero drawn on $500M revolver; net leverage 1.90x.
- Board extended share repurchase program through Sep 2025, with $726.1M remaining under authorization.

## SEC filing metadata
- accession: 0001564590-21-038818
- form_type: 8-K
- ticker: SBH
- cik: 0001368458
- company_name: Sally Beauty Holdings, Inc.
- filed_at: 2021-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368458/000156459021038818/0001564590-21-038818-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368458/000156459021038818/sbh-8k_20210729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-038818
- JSON: https://secwatch.observer/filing/0001564590-21-038818.json
- Plain text: https://secwatch.observer/filing/0001564590-21-038818.txt

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