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Sally Beauty Holdings Inc (SBH.N)

SBH.N on New York Stock Exchange

19.02USD
28 Apr 2017
Change (% chg)

$-0.28 (-1.45%)
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Latest Key Developments (Source: Significant Developments)

Sally Beauty Holdings reports Q1 earnings per share $0.39
Thursday, 2 Feb 2017 06:30am EST 

Sally Beauty Holdings Inc - : Sally Beauty Holdings Inc announces fiscal 2017 first quarter results and comprehensive restructuring plan to drive efficiencies . Q1 sales $999.6 million versus I/B/E/S view $1.02 billion . Inventory at quarter end was $907.8 million, down $4.6 million, or 0.5%, versus prior year Q1 . Q1 earnings per share $0.39 . Expects that it will incur total aggregate charges of approximately $12 million to $14 million from restructuring plan . Expects to recognize most of these charges in Q2 of 2017 . Now expects full year same store sales in range of flat to low-single-digit growth versus prior guidance of approximately 3% . Capital expenditures for full fiscal year are expected in a range of $115 million to $120 million . Quarterly same store sales growth of 0.4% . Lowering full year same store sales outlook to a range of flat to low-single-digit growth . Restructuring expected to generate annualized pretax benefits of $17-$19 million, with pretax benefits in fiscal 2017 of $10-$12 million . Quarterly adjusted earnings per share $0.28 .Other cost reduction initiatives, not included in restructuring plan, expected to reduce planned opex by $20 million over remainder of FY 17.  Full Article

Sally Beauty-Mark Flaherty resigning as senior VP, CFO effective sept 30-SEC filing
Thursday, 29 Sep 2016 06:31am EDT 

Sally Beauty Holdings : Sally Beauty Holdings-Janna Minton Co's group vice president,chief accounting officer,controller, will serve as Co's interim principal financial officer .Sally Beauty Holdings-On Sept 28 Mark J. Flaherty notified Co that he is resigning as senior vice president, CFO effective Sept 30 - SEC filing.  Full Article

Sally Beauty Holdings Q3 adjusted EPS $0.47
Thursday, 4 Aug 2016 06:30am EDT 

Sally Beauty Holdings Inc : Q3 gaap earnings per share $0.46 . Q3 earnings per share view $0.47 -- Thomson Reuters I/B/E/S . Sally beauty holdings, inc. Announces fiscal 2016 third quarter results . Q3 adjusted earnings per share $0.47 . Q3 sales $998 million versus i/b/e/s view $1.01 billion . Inventory as of june 30, 2016 was $909.3 million, an increase of $34.7 million or growth of 4.0% from june 30, 2015 inventory. . Capital expenditures for fy 2016 projected to be at high end of previously stated range of $125 million to $135 million, excluding acquisitions . Gross margin expansion for fiscal 2016 is now expected to finish fiscal year slightly below low end of previously stated guidance range .Sally beauty holdings inc qtrly same store sales growth of 1.3% versus growth of 2.0% in fiscal 2015 q3.  Full Article

Sally Beauty Holdings, Inc announces leadership changes
Thursday, 3 Mar 2016 04:30pm EST 

Sally Beauty Holdings, Inc:Announces the appointment of david w. gibbs to the board of directors.Says david w. gibbs, chief executive officer of pizza hut, has been elected to Sally Beauty Holdings board of directors.  Full Article

Sally Beauty Announces Senior Notes Offering
Wednesday, 18 Nov 2015 09:20am EST 

Sally Holdings LLC , a wholly-owned subsidiary of Sally Beauty Holdings, Inc:Sally Holdings LLC (Company), wholly-owned subsidiary of Sally Beauty Holdings, Inc. says that it intends to sell, in registered public offering, $750.0 million aggregate principal amount of Senior Notes due 2025.Senior Notes will be guaranteed by Sally Beauty Holdings, Inc., Sally Investment Holdings LLC and the Company's domestic subsidiaries who have guaranteed obligations under its senior secured revolving credit facility and its existing notes.Intends to use net proceeds from this offering, together with cash on hand and/or additional borrowings, to redeem all $750.0 million aggregate principal amount of its 6.875% senior notes due 2019.expects to complete the redemption on December 18, 2015, subject to certain conditions, including the consummation of the offering of the Senior Notes.  Full Article

Sally Beauty Holdings Inc gives FY 2015 charge guidance
Thursday, 6 Aug 2015 07:30am EDT 

Sally Beauty Holdings Inc:Expects to incur estimated pre-tax charges of about $7.0 million by the end of FY 2015, of which $1.1 million were incurred in the third quarter.  Full Article

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BRIEF-Sally Beauty Holdings reports Q1 earnings per share $0.39

* Sally Beauty Holdings Inc announces fiscal 2017 first quarter results and comprehensive restructuring plan to drive efficiencies