Sally Beauty Holdings (NYSE: SBH) reported Q4 EPS of $0.51, $0.03 better than the analyst estimate of $0.48. Revenue for the quarter came in at $965.99 million versus the consensus estimate of $965.99 million.

• Consolidated Same Store Sales Decreased by 0.2%
• Sally Beauty Supply Achieved Flat Same Store Sales For First Time in Seven Quarters; Beauty Systems Group Same Store Sales Decreased by 0.8% with Improving Vendor Supply
• Global E-Commerce Sales Increased by 30.1% versus Prior Year
• GAAP Diluted EPS of $0.46; Growth of 70.4% versus Prior Year
• Adjusted Diluted EPS of $0.51; Growth of 13.3% versus Prior Year
• Strong Cash Flow from Operations Invested in Business and Used to Reduce Indebtedness
• Multi-Quarter Transformation Plan On Track; Work Still Ahead

“As our quarterly results demonstrate, we are making solid progress on our transformation plan. Sally Beauty Supply launched box color across the U.S., while Beauty Systems Group signed distribution agreements with additional prestigious hair color and care brands, efforts which further enhance our differentiated categories of hair color and care,” said Chris Brickman, president and chief executive officer.

“We are playing to win by re-focusing our business around our differentiated core of hair color and care, improving our execution of basic retail fundamentals and advancing our digital commerce capabilities. We are continuing to drive costs out of the business, which is enabling investment in our transformation. We recognize that we still have work to do. With our key accomplishments from the quarter and the recent management changes we have implemented, we are confident that we are moving in the right direction,” Brickman concluded.

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