Sally Beauty Holdings, Inc. Announces First Quarter Results

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Sally Beauty Holdings (SBH) PT Lowered to $16 at Cowen

February 7, 2020 10:56 AM EST

Cowen analyst Oliver Chen lowered the price target on Sally Beauty Holdings (NYSE: SBH) to $16.00 (from $21.00) while maintaining a Market Perform rating.

The analyst commented, "Point of Sale problems at SBS weighed on 1Q results and sidelined marketing investments to stimulate traffic; these... More

Sally Beauty Holdings (SBH) Misses Q1 EPS by 9c, Revenues Miss; Maintains FY20 Revenue and Same Store Sales Guidance

February 6, 2020 6:49 AM EST

Sally Beauty Holdings (NYSE: SBH) reported Q1 EPS of $0.47, $0.09 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $980.2 million versus the consensus estimate of $995.22 million.

Consolidated Same Store Sales Decreased 0.3%Beauty Systems Group Same Store Sales Positive for Third Consecutive Quarter at 1.2%; Segment Revenue Reaches All-Time Quarterly HighSally Beauty Supply Same Store Sales Decreased 1.1%; Europe Turns PositiveGlobal E-Commerce Sales Increased by 27.6%GAAP Diluted EPS of $0.45; Decline of 16.7%Adjusted Diluted EPS of $0.47; Decline of 17.5%Continued Progress on the Transformation Plan; Overall... More