Sally Beauty Holdings (SBH) Misses Q1 EPS by 6c
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Sally Beauty Holdings, Inc. Announces Fiscal 2017 First Quarter Results and Comprehensive Restructuring Plan to Drive Efficiencies
February 2, 2017 6:30 AM ESTDENTON, 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
