The latest update is out from Sally Beauty ( (SBH) ).
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Sally Beauty Holdings reported a 1.5% increase in Q4 net sales and a 2.0% rise in comparable sales, alongside an 80-basis point expansion in adjusted operating margin to 9.4%. The company demonstrated strong cash flow from operations, allowing for debt repayment and share repurchases, while also acquiring a professional beauty distributor in Florida. Looking ahead, Sally Beauty aims to maintain profitable growth and enhance customer focus, own-brand expansion, and operational efficiency.
See more insights into SBH stock on TipRanks’ Stock Analysis page.
