Sally Beauty Holdings, Inc. — fact timeline

Sally Beauty Holdings, Inc. reported second quarter ended March 31, 2026 results: revenue $903 million, EPS $0.43. Guidance reaffirmed.

“Consolidated net sales of $903 million, an increase of 2.3% compared to the prior year; • Consolidated comparable sales growth of 1.3%; • Global e-commerce sales increased 13% to $108 million, representing 12% of net sales; • GAAP gross margin expansion of 70 basis points to 52.7%; • Adjusted Gross Margin expansion of 80 basis points to 52.8%; • GAAP selling, general and administrative expenses of $404 million, an increase of $14 million compared to the prior year; • Adjusted Selling, General and Administrative Expenses of $404 million, an increase of $20 million compared to the prior year; • GAAP operating earnings of $72 million and GAAP operating margin of 8.0%; • Adjusted Operating Earnings of $73 million and Adjusted Operating Margin of 8.1%; • GAAP diluted net earnings per share of $0.43, an increase of 13% compared to the prior year;”

Sally Beauty Holdings, Inc.: On July 2, 2025, the Board of Directors adopted and approved Amended and Restated By-Laws, effective July 2, 2025, updating procedural mechanics for stockholder nominations, disclosure requirements, proxy voting rules, chair powers, and candidate questionnaires (effective 2025-07-02).

“On July 2, 2025, the Board of Directors (the “ Board ”) of Sally Beauty Holdings, Inc. (the “ Company ”) adopted and approved the Amended and Restated By-Laws of the Company (the “ Amended and Restated By-Laws ”), effective July 2, 2025.”

Max Rangel was elected as Director at Sally Beauty Holdings, Inc..

“On June 12, 2025, the Board of Directors (the “Board”) of Sally Beauty Holdings, Inc. (the “Company”) elected Max Rangel to the Board.”

Sally Beauty Holdings, Inc. reported second quarter ended March 31, 2024 results: revenue $908.4 million, net income $29.2 million, EPS $0.27 per diluted share.

“The Company will hold a conference call today at 7:30 a.m. Central Time to discuss these results and its business. Fiscal 2024 Second Quarter Summary • Consolidated net sales of $908 million, a decrease of 1.1% compared to the prior year; • Consolidated comparable sales decline of 1.5%; • Global e-commerce sales of $90 million, representing 9.9% of net sales; • GAAP”

Sally Beauty Holdings, Inc. incurred senior notes of $600,000,000 aggregate principal amount at 6.75% maturing March 1, 2032.

“On February 27, 2024, Sally Holdings LLC (“Holdings”) and Sally Capital Inc. (together with Holdings, the “Issuers”), both subsidiaries of Sally Beauty Holdings, Inc. (the “Company”), completed the issuance and sale of $600,000,000 aggregate principal amount of the Issuers’ 6.75% Senior Notes due 2032 (the “Notes”) in a previously announced registered public offering.”

Sally Beauty Holdings, Inc. entered into Fifth Supplemental Indenture with Computershare Trust Company, N.A. valued at $600,000,000 aggregate principal amount (effective 2024-02-27).

“On February 27, 2024, Sally Holdings LLC (“Holdings”) and Sally Capital Inc. (together with Holdings, the “Issuers”), both subsidiaries of Sally Beauty Holdings, Inc. (the “Company”), completed the issuance and sale of $600,000,000 aggregate principal amount of the Issuers’ 6.75% Senior Notes due 2032 (the “Notes”) in a previously announced registered public offering.”

Sally Beauty Holdings, Inc. entered into Underwriting Agreement with BofA Securities, Inc., as representative of the underwriters listed therein valued at $600,000,000 aggregate principal amount (effective 2024-02-12).

“On February 12, 2024, Sally Holdings LLC (“Holdings”) and Sally Capital Inc. (together with Holdings, the “Issuers”), both subsidiaries of Sally Beauty Holdings, Inc. (the “Company”), the Company and certain domestic subsidiaries of the Company entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc., as representative of the underwriters listed therein (collectively, the “Underwriters”), related to the Issuers’ public offering of $600,000,000 aggregate principal amount of the Issuers’ 6.75% Senior Notes due 2032 (the “Senior Notes”).”

Sally Beauty Holdings, Inc. updated its first quarter ended December 31, 2023 guidance (reaffirmed).

“On February 1, 2024, Sally Beauty Holdings, Inc. (the “Company”) issued the news release attached hereto as Exhibit 99.1 reporting the financial results of the Company for the first quarter ended December 31, 2023 (the “Earnings Release”).”

Sally Beauty Holdings, Inc. shareholders approved Ratification of the selection of KPMG LLP as the independent registered public accounting firm for fiscal 2024 at the 2024-01-25 meeting.

“The Board of Directors’ selection of KPMG LLP as the Company’s independent registered public accounting firm for the 2024 fiscal year was ratified.”

Sally Beauty Holdings, Inc. shareholders approved Advisory (non-binding) resolution regarding the compensation of the Company's named executive officers at the 2024-01-25 meeting.

“The compensation of the Company’s named executive officers, including the Company’s compensation practices and principles and their implementation, was approved on an advisory (non-binding) basis.”

Sally Beauty Holdings, Inc. shareholders approved Election of nine directors to hold office until the 2025 Annual Meeting at the 2024-01-25 meeting.

“Each of the individuals listed below was duly elected as a director of the Company to serve until the 2025 Annual Meeting of Stockholders or until his or her successor is duly elected and qualified.”

Sally Beauty Holdings, Inc. reported full year ended September 30, 2023 results: EPS $1.69.

“Consolidated net sales of $3.73 billion, a decrease of 2.3% compared to the prior year, primarily driven by the Company’s store optimization plan;”

Sally Beauty Holdings, Inc. reported fourth quarter ended September 30, 2023 results: EPS $0.39.

“Consolidated net sales of $921 million, a decrease of 4.3% compared to the prior year;”

Sally Beauty Holdings, Inc. reported the third quarter ended June 30, 2023 results: revenue $931 million, net income $50.8 million, or $0.46 per diluted share, EPS $0.49. Guidance reaffirmed.

“The Company will hold a conference call today at 7:30 a.m. Central Time to discuss these results and its business. Fiscal 2023 Third Quarter Summary • Consolidated net sales of $931 million, a decrease of 3.2% compared to the prior year; • Consolidated comparable sales increased 0.6%; • Global e-commerce sales increased 3% to $83 million, representing 8.9% of net”

Sally Beauty Holdings, Inc. reported second quarter ended March 31, 2023 results: revenue Consolidated net sales of $919 million, EPS GAAP diluted net earnings per share of $0.37. Guidance reaffirmed.

“Fiscal 2023 Second Quarter Summary • Consolidated net sales of $919 million, an increase of 0.8% compared to the prior year; • Consolidated comparable sales increased 5.7%; • Global e-commerce sales increased 9% to $87 million, representing 9.5% of net sales; • GAAP gross margin at 51.0%; Adjusted Gross Margin at 50.7%; • GAAP operating earnings of $71 million and GAAP operating margin of 7.8%; Adjusted Operating Earnings of $76 million and Adjusted Operating Margin of 8.3%; and • GAAP diluted net earnings per share of $0.37 and Adjusted Diluted Net Earnings Per Share of $0.41.”

Sally Beauty Holdings, Inc. incurred term loan of $400.0 million with Bank of America, N.A., as Administrative Agent and Collateral Agent at Adjusted Term SOFR Rate from time to time in effect plus 2.50% maturing February 28, 2030.

“On February 28, 2023, Sally Beauty Holdings, Inc. (the “Company”) announced that its wholly-owned subsidiaries, Sally Holdings LLC (“Sally Holdings”) and Sally Capital, Inc. (“Sally Capital” and, together with Sally Holdings, the “Borrowers”), and certain of the Company’s other direct and indirect subsidiaries entered into a credit agreement with Bank of America, N.A., as Administrative Agent and Collateral Agent, and the lenders and other parties thereto providing for a term loan B facility (the “TLB”) in an aggregate principal amount equal to $400.0 million”

Sally Beauty Holdings, Inc. entered into Credit Agreement with Bank of America, N.A., as Administrative Agent and Collateral Agent, and the lenders and other parties thereto valued at $400.0 million (effective 2023-02-28).

“On February 28, 2023, Sally Beauty Holdings, Inc. (the “Company”) announced that its wholly-owned subsidiaries, Sally Holdings LLC (“Sally Holdings”) and Sally Capital, Inc. (“Sally Capital” and, together with Sally Holdings, the “Borrowers”), and certain of the Company’s other direct and indirect subsidiaries entered into a credit agreement with Bank of America, N.A., as Administrative Agent and Collateral Agent, and the lenders and other parties thereto providing for a term loan B facility (the “TLB”) in an aggregate principal amount equal to $400.0 million”

Sally Beauty Holdings, Inc. reported the first quarter ended December 31, 2022 results: revenue $957.1 million, net income $50.3 million, EPS $0.46 per diluted share. Guidance reaffirmed.

“The Company will hold a conference call today at 7 :30 a.m. Central Time to discuss these results and its business. Fiscal 2023 First Quarter Summary • Consolidated net sales of $957 million, a decrease of 2.4% compared to the prior year, driven primarily by the previously announced store closures and unfavorable foreign exchange impact; • Consolidated comparable”

Edward Rabin retired as director at Sally Beauty Holdings, Inc..

“Messrs. Marshall Eisenberg, Robert McMaster, John Miller and Edward Rabin retired from the Company’s Board of Directors at the end of the Annual Meeting, having completed their respective terms.”

John Miller retired as director at Sally Beauty Holdings, Inc..

“Messrs. Marshall Eisenberg, Robert McMaster, John Miller and Edward Rabin retired from the Company’s Board of Directors at the end of the Annual Meeting, having completed their respective terms.”

Robert McMaster retired as director at Sally Beauty Holdings, Inc..

“Messrs. Marshall Eisenberg, Robert McMaster, John Miller and Edward Rabin retired from the Company’s Board of Directors at the end of the Annual Meeting, having completed their respective terms.”

Marshall Eisenberg retired as director at Sally Beauty Holdings, Inc..

“Messrs. Marshall Eisenberg, Robert McMaster, John Miller and Edward Rabin retired from the Company’s Board of Directors at the end of the Annual Meeting, having completed their respective terms.”

Sally Beauty Holdings, Inc. reported Fiscal Year 2022 results: revenue Consolidated net sales of $3.82 billion, EPS GAAP diluted net earnings per share of $1.66 and Adjusted Diluted Net Earnings Per Share of $2.16.

“Fiscal 2022 Full Year Summary • Consolidated net sales of $3.82 billion, a decrease of 1.5%, with a comparable sales increase of 0.6%; • Global e-commerce sales were $333 million, representing 8.7% of net sales; • GAAP gross margin decreased 10 basis points to 50.3% and Adjusted Gross Margin expanded 30 basis points to 50.9%; • GAAP operating earnings of $ 338 million and GAAP operating margin of 8 .8%, Adjusted Operating Earnings of $ 39 1 million and Adjusted Operating Margin of 1 0.3 %; • GAAP diluted net earnings per share of $1.66 and Adjusted Diluted Net Earnings Per Share of $2.16; and • Repurchased 6.8 million shares at an aggregate cost of $130.3 million and completed full repayment of $300 million of 8.75% senior secured notes.”

Sally Beauty Holdings, Inc. reported Q4 Fiscal 2022 results: revenue Consolidated net sales of $962 million, EPS GAAP diluted net earnings per share of $0.20 and Adjusted Diluted Net Earnings Per Share of $0.50.

“Fiscal 2022 Fourth Quarter Summary • Consolidated net sales of $962 million, a decrease of 2.8%, with comparable sales flat to the prior year; • Global e-commerce sales of $90 million, representing 9.3% of net sales; • GAAP gross margin decreased 240 basis points to 48.2%, driven primarily by a non-cash inventory write-down of $19.4 million related to the distribution center consolidation and store optimization plan; Adjusted Gross Margin decreased 60 basis points to 50.1%; • GAAP operating earnings of $39 million and GAAP operating margin of 4.1%, Adjusted Operating Earnings of $84 million and Adjusted Operating Margin of 8.7%; and • GAAP diluted net earnings per share of $0.20 and Adjusted Diluted Net Earnings Per Share of $0.50.”

Lawrence "Chip" Molloy was elected as Director at Sally Beauty Holdings, Inc..

“On July 26, 2022, the Board of Directors (the “Board”) of Sally Beauty Holdings, Inc. (the “Company”) elected Rachel R. Bishop, Ph.D., Jeffrey Boyer and Lawrence “Chip” Molloy as directors to serve until the 2023 annual meeting of the Company’s stockholders or until each of his or her earlier resignation or removal.”

Jeffrey Boyer was elected as Director at Sally Beauty Holdings, Inc..

“On July 26, 2022, the Board of Directors (the “Board”) of Sally Beauty Holdings, Inc. (the “Company”) elected Rachel R. Bishop, Ph.D., Jeffrey Boyer and Lawrence “Chip” Molloy as directors to serve until the 2023 annual meeting of the Company’s stockholders or until each of his or her earlier resignation or removal.”

Rachel R. Bishop was elected as Director at Sally Beauty Holdings, Inc..

“On July 26, 2022, the Board of Directors (the “Board”) of Sally Beauty Holdings, Inc. (the “Company”) elected Rachel R. Bishop, Ph.D., Jeffrey Boyer and Lawrence “Chip” Molloy as directors to serve until the 2023 annual meeting of the Company’s stockholders or until each of his or her earlier resignation or removal.”

Pamela K. Kohn resigned as Senior Vice President, Chief Merchandising Officer at Sally Beauty Holdings, Inc..

“On May 31, 2022, Pamela K. Kohn resigned from her position as Senior Vice President, Chief Merchandising Officer of Sally Beauty Holdings, Inc. (the “Company”).”

Christian A. Brickman departed as President and Chief Executive Officer at Sally Beauty Holdings, Inc..

“Christian A. Brickman, the Company’s current President and Chief Executive Officer, will terminate employment and his role as Chairman of the Board effective September 30, 2021.”

Denise Paulonis was appointed as President and Chief Executive Officer at Sally Beauty Holdings, Inc..

“On September 1, 2021, the Board of Directors (the “Board”) of Sally Beauty Holdings, Inc. (the “Company”) announced the appointment of Denise Paulonis as the Company’s President and Chief Executive Officer, effective October 1, 2021.”

Erin Nealy Cox was elected as Director at Sally Beauty Holdings, Inc..

“On July 21, 2021, the Board of Directors (the “Board”) of Sally Beauty Holdings, Inc. (the “Company”) elected Erin Nealy Cox as a director to serve until the 2022 annual meeting of the Company’s stockholders or until her earlier resignation or removal.”