---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-056409"
form_type: "8-K"
ticker: "SBH"
cik: "0001368458"
company_name: "Sally Beauty Holdings, Inc."
filed_at: "2021-11-12T23:59:59+00:00"
generated_at: "2026-06-28T09:02:06.459178+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sally Beauty Q4 net sales $990M (+3.4%); FY2021 EPS $2.10; guides FY2022 sales growth 3-4%

## Summary
- Q4 GAAP diluted EPS $0.59, adjusted $0.64; net sales $990.3M (+3.4% YoY); same-store sales +2.1%.
- Full year net sales $3.87B (+10.3%), GAAP EPS $2.10, adjusted EPS $2.40; gross margin expanded 160 bps to 50.4%.
- FY2021 debt reduced ~$420M; cash $401M; net debt leverage 1.69x; no revolver borrowings.
- FY2022 guidance: net sales growth 3-4%, gross margin +40-60 bps, GAAP operating margin +90-110 bps.
- Q4 adjusted operating margin 11.7%; Sally Beauty Supply same-store +2.3%, BSG same-store +1.7%.

## SEC filing metadata
- accession: 0001564590-21-056409
- form_type: 8-K
- ticker: SBH
- cik: 0001368458
- company_name: Sally Beauty Holdings, Inc.
- filed_at: 2021-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368458/000156459021056409/0001564590-21-056409-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368458/000156459021056409/sbh-8k_20211111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-056409
- JSON: https://secwatch.observer/filing/0001564590-21-056409.json
- Plain text: https://secwatch.observer/filing/0001564590-21-056409.txt

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