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Sally Beauty Holdings Inc (SBH.N)

SBH.N on New York Stock Exchange

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20 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Sally Beauty Holdings Posts Q1 Adj. Earnings Per Share $0.68
Thursday, 8 Feb 2018 06:45am EST 

Feb 8 (Reuters) - Sally Beauty Holdings Inc ::SALLY BEAUTY HOLDINGS, INC. ANNOUNCES FIRST QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.65.Q1 SALES FELL 0.5 PERCENT TO $995 MILLION.Q1 SAME STORE SALES FELL 2.2 PERCENT.Q1 ADJUSTED EARNINGS PER SHARE $0.68 EXCLUDING ITEMS.‍SAME STORE SALES DECREASED 2.2% IN QUARTER​.NOW EXPECTS 2018 FULL YEAR GROSS MARGIN TO BE APPROXIMATELY FLAT COMPARED TO THE PRIOR YEAR.FOR 2018, CO IS MAINTAINING ITS GUIDANCE OF FULL YEAR CONSOLIDATED SAME STORE SALES TO BE ABOUT FLAT.SALLY BEAUTY-STILL EXPECTS TOTAL CHARGES RELATED TO 2018 RESTRUCTURING PLAN IN RANGE OF $13 MILLION TO $14 MILLION, WITH ABOUT $12 MILLION TO BE RECORDED IN 2018.SALLY BEAUTY HOLDINGS - FULL YEAR REPORTED OPERATING EARNINGS STILL EXPECTED TO RISE SLIGHTLY, DUE TO LOWER RESTRUCTURING COSTS IN FY 2018.FOR Q1, COMPANY RECORDED AN INCOME TAX BENEFIT OF ABOUT $33.6 MILLION.SALLY BEAUTY - ‍HURRICANES THAT DISRUPTED OPERATIONS IN Q4 2017 CONTINUED TO HAVE "LINGERING EFFECT" ON PUERTO RICO BUSINESS, PARTICULARLY IN H1 OF QUARTER.EXPECTS FULL YEAR 2018 GROSS MARGIN TO BE APPROXIMATELY FLAT COMPARED TO PRIOR YEAR.COMPANY NOW EXPECTS FULL YEAR 2018 GROSS MARGIN TO BE APPROXIMATELY FLAT COMPARED TO PRIOR YEAR.SALLY BEAUTY HOLDINGS - FULL YEAR 2018 ADJUSTED OPERATING EARNINGS ARE STILL EXPECTED TO DECLINE SLIGHTLY.‍RESTRUCTURING CHARGES OF APPROXIMATELY $5.2 MILLION, RELATED PRIMARILY TO EMPLOYEE SEPARATION COSTS, WERE RECORDED IN Q1​.Q1 REVENUE VIEW $990.0 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Sally Beauty Holdings reports Q4 adjusted earnings per share $0.45
Wednesday, 15 Nov 2017 06:45am EST 

Nov 15 (Reuters) - Sally Beauty Holdings Inc :Sally Beauty Holdings Inc announces fourth quarter results.Q4 adjusted earnings per share $0.45.Q4 earnings per share $0.27.Q4 sales $974.2 million versus I/B/E/S view $990 million.Q4 same store sales fell 1.4 percent.Q4 earnings per share view $0.47 -- Thomson Reuters I/B/E/S.Sally Beauty Holdings Inc - ‍plan to restructure international operations​.Sally Beauty Holdings Inc - ‍same store sales decreased 1.4 pct in quarter​.Sally Beauty Holdings Inc - ‍negative impact of hurricanes on sales growth & same store sales growth was about 80 basis points and 70 basis points in quarter​.Sally Beauty Holdings Inc - ‍hurricanes negatively impacted both reported and adjusted diluted earnings per share in quarter by approximately $0.03​.Sally Beauty Holdings Inc - expects fiscal year 2018 consolidated same store sales to be approximately flat​.Sally Beauty Holdings Inc - to incur restructuring charges of $12 million to $14 million, with about $10 million to be recorded in fy 2018 due to international restructuring plan.Sally Beauty Holdings Inc - ‍commencement of international restructuring plan with "particular focus on its european operations​".Sally Beauty Holdings Inc - ‍expects to realize annualized benefits of $12 million-$14 million from restructuring plan, with benefit of about $8 million realized in fiscal 2018​.Sally Beauty Holdings Inc - ‍full year 2018 gross margin is expected to expand by approximately 10 basis points​.  Full Article

Sally Beauty Holdings reports $1 bln stock repurchase program
Thursday, 31 Aug 2017 04:05pm EDT 

Aug 31 (Reuters) - Sally Beauty Holdings Inc ::Sally Beauty Holdings announces $1.0 billion stock repurchase program.Sally Beauty - ‍new share repurchase program grants co authority to repurchase up to $1.0 billion of its common stock through end of its fiscal year 2021​.Sally Beauty Holdings Inc - ‍expects to fund share repurchases through a combination of cash on hand, future cash flow from operations and borrowings​.  Full Article

Sally Beauty Holdings Q3 earnings per share $0.49
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - Sally Beauty Holdings Inc :Sally Beauty Holdings Inc . Announces fiscal third quarter results.Q3 earnings per share $0.49.Q3 sales $998 million versus i/b/e/s view $1 billion.Q3 earnings per share view $0.49 -- Thomson Reuters I/B/E/S.For 2017, co is maintaining its expectation of approximately flat full year consolidated same store sales growth.Q3 adjusted earnings per share $0.52 excluding items.Sally beauty holdings inc says inventory at quarter end was $947.6 million, up 4.2% from prior year.Now expects full year 2017 net new store growth of approximately 1.5%.Sally Beauty Holdings qtrly same store sales growth of 0.3% and incremental sales from new stores were partially offset by unfavorable foreign currency translation.Company expects "solid growth" in both reported and adjusted full year earnings per share for 2017.Sally Beauty Holdings Inc says expects full year gross margin expansion of approximately 30 basis points.Sally Beauty Holdings Inc sees full year reported and adjusted operating income growth of approximately flat to prior year.  Full Article

Sally Beauty Holdings units consummate redemption
Thursday, 6 Jul 2017 05:46pm EDT 

July 6 (Reuters) - Sally Beauty Holdings Inc ::Sally Beauty Holdings - on July 6 co said its units Sally Holdings, Sally Capital consummated redemption of $850 million aggregate principal amount of 5.75% senior notes due 2022.Sally Beauty Holdings-in connection with redemption, co, others entered credit agreement providing for term loan B facility in amount equal to $850 million.Sally Beauty Holdings Inc - TLB matures on July 5, 2024.Sally Beauty Holdings Inc says all of net proceeds of term loan B facility were used to fund a portion of redemption of 2022 notes - SEC filing.Sally Beauty Holdings Inc - principal amount of TLB-2 shall be due in a single installment on maturity date - SEC filing.Sally Beauty Holdings - with entry into TLB, also entered into certain amended and restated credit agreement to agreement dated Nov 12, 2010.Sally Beauty Holdings Inc - amended and restated credit agreement to extended maturity date to July 5, 2022.Sally Beauty Holdings Inc - ABL facility will be secured by second-priority lien in and upon remaining assets of company and its domestic subsidiaries.Sally Beauty Holdings Inc - ABL facility will continue to provide for revolving commitments in an aggregate principal amount equal to $500.0 million.Sally Beauty Holdings - ABL facility will continue to have $25.0 million canadian subfacility, co's foreign units to continue to have access to ABL facility.  Full Article

Sally Beauty Holdings says its units issued conditional notice of redemption
Tuesday, 6 Jun 2017 04:44pm EDT 

June 6 (Reuters) - Sally Beauty Holdings Inc ::Sally Beauty Holdings Inc - its units issued conditional notice of redemption, to redeem on july 6, 2017,entire $850 million 5.75 pct senior notes due 2022.Sally Beauty Holdings Inc - proposed redemption is expected to be funded by proceeds of a proposed new term loan b, which is expected to be $850 million.Sally Beauty Holdings Inc - reaffirming its expectation of consolidated full-year same-store sales growth of approximately flat versus prior year.  Full Article

Sally Beauty Holdings Inc Q2 earnings per share $0.40
Thursday, 4 May 2017 06:30am EDT 

May 4 (Reuters) - Sally Beauty Holdings Inc : :Sally beauty holdings, inc. Announces fiscal second quarter results.Q2 earnings per share $0.40.Q2 sales $966.5 million versus I/B/E/S view $986.7 million.Inventory at quarter end was $917.3 million, up $16.0 million, or 1.8pct, from prior year.Q2 earnings per share view $0.42 -- Thomson Reuters I/B/E/S.Qtrly adjusted earnings per share $0.44.Sees fy consolidated same store sales growth approximately flat to prior year.Sees net new store openings growth of approximately 2.0pct for FY.Sees FY capital expenditures in a range of $115 million to $120 million.In Q2, a 2.0pct decline in same store sales was partially offset by incremental sales from new stores..Sees FY adjusted operating income growth in low-to-mid single digits.A stronger U.S. Dollar negatively impacted reported qtrly revenue by $9.8 million, or approximately 1.0pct.  Full Article

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