Sally Beauty Holdings (SBH) Tops Q3 EPS by 2c ; Provides Outlook

Sally Beauty Holdings (NYSE: SBH) reported Q3 EPS of $0.45, $0.02 better than the analyst estimate of $0.43. Revenue for the quarter came in at $942 million versus the consensus estimate of $931.77 million.

Fiscal Year 2024 Guidance

The Company is maintaining its full year guidance as follows:

The Company expects net sales and comparable sales to be approximately flat compared to the prior year;
Gross Margin is expected to be in the range of 50.5% to 51.0%;
Adjusted Operating Margin is expected to be approximately 8.5%;
Operating Cash Flow is expected to be approximately $240 million; and
Capital expenditures are expected to be approximately $100 million.

For earnings history and earnings-related data on Sally Beauty Holdings (SBH) click here.

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