Sally Beauty (SBH) Misses Q1 EPS by 1c
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Price: $16.54 -0.18%
Financial Fact:
Basic (in dollars per share): 0.35
Today's EPS Names:
OFLX, VAXX, NMRD, More
Financial Fact:
Basic (in dollars per share): 0.35
Today's EPS Names:
OFLX, VAXX, NMRD, More
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Sally Beauty (NYSE: SBH) reported Q1 EPS of $0.35, $0.01 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $940.5 million versus the consensus estimate of $934.18 million. 1Q14 same store sales growth of 2.2%.
βIn the fiscal 2014 first quarter, consolidated net sales and same store sales grew 3.9% and 2.2%, respectively,β stated Gary Winterhalter, Chairman, President and Chief Executive Officer. βI am pleased with same store sales growth in our Sally business of 0.9% and the sequential improvement when compared to fiscal 2013 third and fourth quarters which were down 0.8% and down 1.5%, respectively. The improvement was primarily due to an increase in traffic which gives me confidence that the return to our targeted marketing campaign and the introduction of new brands in our Sally U.S. business will continue to improve traffic results throughout the fiscal year.β
For earnings history and earnings-related data on Sally Beauty (SBH) click here.
βIn the fiscal 2014 first quarter, consolidated net sales and same store sales grew 3.9% and 2.2%, respectively,β stated Gary Winterhalter, Chairman, President and Chief Executive Officer. βI am pleased with same store sales growth in our Sally business of 0.9% and the sequential improvement when compared to fiscal 2013 third and fourth quarters which were down 0.8% and down 1.5%, respectively. The improvement was primarily due to an increase in traffic which gives me confidence that the return to our targeted marketing campaign and the introduction of new brands in our Sally U.S. business will continue to improve traffic results throughout the fiscal year.β
For earnings history and earnings-related data on Sally Beauty (SBH) click here.
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