secwatch.observer — SEC 8-K summary
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Issuer:     Sally Beauty Holdings, Inc. (SBH)
CIK:        0001368458
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0001564590-21-056409
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1368458/000156459021056409/0001564590-21-056409-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1368458/000156459021056409/sbh-8k_20211111.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-056409

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