Sally Beauty Holdings (SBH) Reports In-Line Q4 EPS
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Sally Beauty Holdings (NYSE: SBH) reported Q4 EPS of $0.41, in-line with the analyst estimate of $0.41. Revenue for the quarter came in at $976.4 million versus the consensus estimate of $990.96 million.
The fiscal 2016 fourth quarter sales increase is primarily attributed to same store sales growth and the addition of new stores. The impact from unfavorable changes in foreign currency exchange rates in the fiscal 2016 fourth quarter was $12.7 million, or 1.3%. Consolidated same store sales growth in the fiscal 2016 fourth quarter was 1.2% compared to 3.5% in the fiscal 2015 fourth quarter.
For earnings history and earnings-related data on Sally Beauty Holdings (SBH) click here.
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