---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-027904"
form_type: "8-K"
ticker: "SBH"
cik: "0001368458"
company_name: "Sally Beauty Holdings, Inc."
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T03:51:00.841758+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sally Beauty Q3 GAAP EPS $0.43, down 35% YoY; sales down 6%; lowers FY guidance

## Summary
- GAAP diluted EPS $0.43 vs $0.66 prior year; adjusted EPS $0.55 vs $0.68.
- Consolidated net sales $961M, down 6.0% YoY; comparable sales down 3.6%.
- Gross margin improved 70 bps to 51.0%; adjusted operating margin 10.5%.
- Full-year FY2022 net sales expected to decline ~2% (prior flat guidance); operating margin ~10.3% GAAP.
- Completed full repayment of $300M of 8.75% senior secured notes; net leverage ratio 2.2x.

## SEC filing metadata
- accession: 0001564590-22-027904
- form_type: 8-K
- ticker: SBH
- cik: 0001368458
- company_name: Sally Beauty Holdings, Inc.
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368458/000156459022027904/0001564590-22-027904-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368458/000156459022027904/sbh-8k_20220804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-027904
- JSON: https://secwatch.observer/filing/0001564590-22-027904.json
- Plain text: https://secwatch.observer/filing/0001564590-22-027904.txt

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