Sally Beauty ( (SBH) ) has shared an announcement.
Sally Beauty Holdings reported its first quarter fiscal 2025 results, showcasing a strong start with a 0.7% increase in consolidated net sales to $938 million, despite a 60 basis point unfavorable foreign currency impact. The company achieved a GAAP operating margin expansion to 10.7%, driven by strategic initiatives and operational efficiencies, including a significant reduction in operating costs and debt repayment. Additionally, Beauty Systems Group announced a distribution partnership with K18, set to launch in April 2025, enhancing their market presence in biotech-backed haircare products.
More about Sally Beauty
Sally Beauty Holdings, Inc. is a leader in the professional hair color industry. The company operates through two main segments: Sally Beauty Supply and Beauty Systems Group, focusing on providing beauty supplies and innovative haircare solutions, primarily in the U.S. and Canada.
YTD Price Performance: -14.04%
Average Trading Volume: 2,199,780
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $940.7M
For detailed information about SBH stock, go to TipRanks’ Stock Analysis page.