Sally Beauty Holdings (SBH) Misses Q1 EPS by 6c

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Go back to Sally Beauty Holdings (SBH) Misses Q1 EPS by 6c

Sally Beauty Holdings, Inc. Announces Fiscal 2017 First Quarter Results and Comprehensive Restructuring Plan to Drive Efficiencies

February 2, 2017 6:30 AM EST

DENTON, Texas--(BUSINESS WIRE)-- Sally Beauty Holdings, Inc. (NYSE: SBH) (the Company) today announced financial results for the fiscal 2017 first quarter. The Company will hold a conference call today at 10:00 a.m. (Central) to discuss these results and its business.

Fiscal 2017 First Quarter Highlights

Consolidated net sales were $999.6 million in the fiscal first quarter, an increase of 0.2% from the prior years first quarter. Same store sales growth of 0.4% and incremental sales from new stores were partially offset by the unfavorable impact from foreign currency exchange rates of $15.7 million, or approximately 1.6% of sales.... More