Besides Wall Street's top -and-bottom-line estimates for Sally Beauty (SBH), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
SBH's Q4 performance is expected to have benefited from its customer-centric initiatives. However, the decline in customer traffic remains a concern for the company.
SBH is focusing on innovation and customer-centric strategies to drive growth. However, it faces challenges from weak consumer sentiment and higher costs.
Sally Beauty Holdings, Inc. (NYSE:SBH ) Q3 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Jeff Harkins - Vice President, Investor Relations and Treasurer Denise Paulonis - President and Chief Executive Officer Marlo Cormier - Chief Financial Officer Conference Call Participants Oliver Chen - TD Cowen Korinne Wolfmeyer - Piper Sandler Olivia Tong - Raymond James Operator Good morning everyone and welcome to the Sally Beauty Holdings Conference Call to discuss the Company's Third Quarter Fiscal 2024 Results. All participants have been placed in a listen-only mode.
Sally Beauty's (SBH) third-quarter fiscal 2024 results reflect positive comparable sales across both the Sally Beauty and Beauty Systems Group segments.
The headline numbers for Sally Beauty (SBH) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Sally Beauty (SBH) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.49 per share a year ago.
Sally Beauty's (SBH) third-quarter fiscal 2024 performance will likely reflect the adverse impact of a decline in customer traffic and inflationary pressures.
Get a deeper insight into the potential performance of Sally Beauty (SBH) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Sally Beauty (SBH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sally Beauty Holdings is a small-cap stock providing beauty products globally to DIY customers and professional stylists/salons. H2-24 could be better than H1 on the topline front, and beyond that, the company could generate double-digit bottom-line growth over a two-year time frame. SBH's FCF yield is already above average at nearly 14x, but this looks set to increase as FCF prospects pick up in H2.
Sally Beauty (SBH) is fostering growth via strategies like customer focus, innovating products and introducing new concepts. However, it is battling soft customer traffic and inflationary pressures.