Sally Beauty Holdings, Inc. Announces Fourth Quarter Results
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UPDATE: DA Davidson Downgrades Sally Beauty Holdings (SBH) to Neutral
November 16, 2017 7:39 AM EST(Updated - November 16, 2017 8:08 AM EST)
(updated to add analyst comment)
DA Davidson downgraded Sally Beauty Holdings (NYSE: SBH) from Buy to Neutral with a price target of $16.00 (from $21.00).
Analyst Linda Bolton Weiser steps to the sideline citing concerns over declining... More
Sally Beauty Holdings (SBH) PT Lowered to $15 at Jefferies
November 16, 2017 7:19 AM ESTJefferies lowered its price target on Sally Beauty Holdings (NYSE: SBH) to $15.00 (from $16.00) while maintaining a Hold rating following Q3 results.
Analyst Stephanie Wissink said they maintain an element of caution in our thesis longer term, owing to moderating comp sales, rising site... More
Sally Beauty Holdings (SBH) PT Lowered to $16 at BMO Capital Following 4Q
November 15, 2017 5:25 PM ESTBMO Capital lowered its price target on Sally Beauty Holdings (NYSE: SBH) to $16.00 (from $21.00) while maintaining a Market Perform rating following the company's 4Q. EPS of $0.45 fell short of the Consensus estimate of $0.47, on the back of a weak top line, in part hurricane... More
Sally Beauty Holdings (SBH) Misses Q4 EPS by 2c
November 15, 2017 6:48 AM ESTSally Beauty Holdings (NYSE: SBH) reported Q4 EPS of $0.45, $0.02 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $974.2 million versus the consensus estimate of $991.3 million.
Same store sales decreased 1.4% in the quarter. Hurricanes Harvey, Irma and Maria (collectively, the Hurricanes) resulted in a number of store closures from late August through the end of the Companys fiscal year.International Restructuring Plan
The Company successfully completed its 2017 Restructuring Plan, which was focused primarily on its North American operations. Total charges incurred in fiscal 2017 in connection with the 2017 Restructuring Plan were... More
