Sally Beauty Holdings, Inc. Announces Fiscal 2016 Third Quarter Results
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Piper Jaffray Remains Sidelined on Sally Beauty Holdings (SBH) as Concerns Grow
August 5, 2016 9:15 AM EDTPiper Jaffray maintained a Neutral rating on Sally Beauty Holdings (NYSE: SBH), and cut the price target to $28.00 (from $30.00), following the company's 3Q earnings report. Recent pullbacks in SBH shares would historically have been viewed as a favorable buying opportunity. However, concerns are being validated by near-term fundamentals that the business is getting... More
Sally Beauty Holdings (SBH) Reports In-Line Q3 EPS
August 4, 2016 6:31 AM EDTSally Beauty Holdings (NYSE: SBH) reported Q3 EPS of $0.47, in-line with the analyst estimate of $0.47. Revenue for the quarter came in at $998 million versus the consensus estimate of $1.01 billion.
In the fiscal 2016 third quarter we delivered solid consolidated results including gross margin expansion and mid-teens earnings per... More
