Sally Beauty Holdings (SBH) Misses Q3 EPS by 6c
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Sally Beauty Holdings, Inc. Announces Third Quarter Results
July 30, 2020 6:45 AM EDTAggressive Cash Management and Ample Liquidity Provide Strong Runway $839 Million of Cash on Balance Sheet at Quarter End Company Prepared for Agile Reaction to Continuing COVID-19 Environment E-commerce Sales of $137 Million for the Quarter; Growth of 278% vs Prior Year Consolidated Same Store Sales Improved Each Month After Mid-April Restart; Decreased 26.6% for Q3, Increased 10.8% for June GAAP Diluted EPS was a Loss of $0.21 Compared to Profit of $0.59 in Prior Year Primarily Due to COVID-19 Impact, Aggressive Tactical Inventory Clearance... More
