Sally Beauty Holdings (SBH) Tops Q2 EPS by 1c

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Go back to Sally Beauty Holdings (SBH) Tops Q2 EPS by 1c

Sally Beauty Holdings, Inc. Announces Second Quarter Results and Update on COVID-19 Impact to Business

May 6, 2020 6:45 AM EDT

E-commerce Growth Accelerating: +28% in Q2, +52% in March and +353% in April Store Network Restart Underway; 1,500 Stores Open to Public, 1,100 Ship-From-Store Locations, 2,300 Curbside Locations, 300 Same-Day-Delivery Locations Aggressive Cash Management and Incremental Liquidity Provide Strong Runway Significant Technology and Transformation Milestones Achieved Consolidated Same Store Sales Increased 4.7% for Pre-COVID Period (Prior to March 12); Declined 7.1% for Full Quarter Sally Beauty Supply Same Store Sales Increased 4.8% for Pre-COVID Period; Declined 7.0 % for Full Quarter Beauty Systems Group Same Store Sales Increased 4.5% for Pre-COVID Period; Declined 7.4% for Full... More