Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Sally Beauty (SBH) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Sally Beauty Holdings delivered better-than-expected Q4 results, with sales, comps, margins, and earnings all exceeding consensus and internal expectations. SBH's operational improvements include 1.3% sales and comp growth, gross margin expansion to 52.2%, and adjusted EPS up 10% year-over-year. Balance sheet strength improved with $149M in cash, no revolver borrowings, net leverage down to 1.6x, and active debt repayment and share buybacks.
| Specialty Retail Industry | Consumer Discretionary Sector | Denise A. Paulonis CEO | XSTU Exchange | US79546E1047 ISIN |
| US Country | 12,000 Employees | - Last Dividend | 23 Feb 2004 Last Split | 17 Nov 2006 IPO Date |
Sally Beauty Holdings, Inc., established in 1964 and headquartered in Denton, Texas, stands as a prominent specialty retailer and distributor of professional beauty supplies. The company operates under two distinct segments: Sally Beauty Supply and Beauty Systems Group. Sally Beauty Supply targets retail customers, salons, and salon professionals, offering a broad array of beauty products, while the Beauty Systems Group caters exclusively to salons and professional stylists, providing professional beauty products. The company's geographical footprint spans the United States, Puerto Rico, Canada, Mexico, Chile, Peru, the United Kingdom, Ireland, Belgium, France, the Netherlands, Spain, and Germany. Sally Beauty Holdings not only operates stores and franchised units across these regions but also distributes its products through a mix of full-service/exclusive and open-line distributors.
Sally Beauty Holdings, Inc. offers a comprehensive range of beauty products and services through its two main segments: