Welcome to our dedicated page for Sally Beauty Holdings news (Ticker: $SBH), a resource for investors and traders seeking the latest updates and insights on Sally Beauty Holdings stock.
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Sally Beauty (SBH) announces its first-ever bondbar Healthy Hair Sweepstakes, offering a $5,000 cash prize, a VIP resort getaway, and a one-year supply of bondbar products for the winner and three friends. The sweepstakes will run until February 29, 2024, and aims to promote the award-winning bondbar product line with built-in bond repair, catering to all hair types and textures with products starting at $9.99.
Rhea-AI Impact
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End-of-Day
-6.95%
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Rhea-AI Summary
Sally Beauty (SBH) announces the nationwide launch of Licensed Colorist OnDemand, a free digital consultation service connecting consumers with licensed professionals for personalized hair color recommendations. The program, backed by the largest assortment of over 1,300 hair color shades, aims to fill the education gap around at-home hair color and empower consumers to color their hair with confidence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.37%
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Sally Beauty Holdings, Inc. (NYSE: SBH) announced Q4 cash flow of $117 million, operating free cash flow of $90 million, and a strategic acquisition from Goldwell of New York. They executed $15 million in share repurchases and repaid the outstanding balance of $16 million on ABL Credit Facility. Fiscal 2024 guidance was provided.
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Rhea-AI Sentiment
End-of-Day
8.24%
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Sally Beauty Holdings, Inc. (NYSE:SBH) will host a conference call and webcast on November 14, 2023, at 7:30 a.m. Central Time to discuss fourth quarter and full year financial results. The press release announcing the financial results will be available on the company's website before the U.S. financial markets open on November 14, 2023. The conference call and webcast will be available to all investors and will include discussion of the company's strategy, financial results, and other business matters. A replay of the earnings conference call will be available until November 28, 2023. The company will hold its annual meeting of stockholders in a virtual format on January 25, 2024, at 9:00 a.m. (Central).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
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Sally Beauty Holdings announces the launch of SBH Inspires, its first non-profit foundation focused on supporting individuals impacted by domestic violence and abuse. The company is contributing $200,000 to kick off the foundation's launch and will partner with The National Domestic Violence Hotline and Denton County Friends of the Family to bring its mission to life.
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End-of-Day
-0.13%
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Cosmo Prof reaffirms commitment to professional community with virtual Color the World Event on October 22, 2023, focusing on color trends and education. Demand for support continues to rise. Partnering with experts and top brands, including Chris Appleton, to provide best-in-class education. Highlights include 2024 color trends, can't miss classes, and Licensed to Create Award. Attendees can register at cosmoprofbeauty.com/color-the-world.
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Rhea-AI Sentiment
End-of-Day
1.27%
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Sally Beauty announces the expansion of its bondbar product line, introducing a full shade range of permanent hair color with built-in bonding technology. The line also includes new bonding products and solutions for detangling and smooth styles. The bondbar lineup now consists of 14 products with bonding technology.
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Rhea-AI Sentiment
End-of-Day
2.76%
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News
Rhea-AI Summary
Sally Beauty partners with XMONDO Color to offer vibrant hair color products
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-3.08%
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Ukrainian-born brand LAMEL Makeup has been selected as the winner of Sally Beauty's 2023 Cultivate Accelerator Program. The program aims to support emerging beauty brands and provide retail distribution opportunities. Sally Beauty partnered with RangeMe, leading to an 85% growth in applicants. LAMEL Makeup will receive $15,000 in funding, mentorship from Sally Beauty executives, and in-store and online distribution.
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Rhea-AI Sentiment
End-of-Day
-2.1%
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Sally Beauty Holdings, Inc. (NYSE: SBH) reported Q3 GAAP Operating Margin of 9.7% and Adjusted Operating Margin of 9.6%. Q3 GAAP Diluted EPS was $0.46; Adjusted Diluted EPS was $0.49. The company introduced a new store concept - Happy Beauty Co. The financial results for Q3 showed a decrease in net sales by 3.2% compared to the prior year, with consolidated comparable sales increasing by 0.6%. Global e-commerce sales increased by 3% to $83 million. The company's GAAP gross margin was at 51.0% and Adjusted Gross Margin at 50.9%. The company's GAAP operating earnings were $90 million with an operating margin of 9.7%, and Adjusted Operating Earnings of $90 million with an Adjusted Operating Margin of 9.6%. The company is updating its full fiscal year 2023 guidance by revising its Adjusted Operating Margin to the higher end of the original guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
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Sally Beauty Holdings, Inc.
NYSE:SBH
SBH Rankings
SBH Stock Data
1.11B
103.97M
1.46%
120%
12.27%
Cosmetics, Beauty Supplies, and Perfume Stores
Retail Trade
United States of America
DENTON
About SBH
sally beauty holdings, inc. operates as a specialty retailer and distributor of professional beauty supplies. the company operates through two segments, sally beauty supply and beauty systems group. the sally beauty supply segment offers beauty products, including hair color and care, skin and nail care, styling tools, and other beauty products for retail customers, salons, and salon professionals. this segment also provides products under third-party brands, such as wella, clairol, opi, conair, and hot shot tools, as well as exclusive-label brand merchandise. the beauty systems group segment offers professional beauty products, such as hair color and care, skin and nail care, styling tools, and other beauty items directly to salons and salon professionals through its professional-only stores, e-commerce websites, and sales force, as well as through franchised stores under the armstrong mccall store names. this segment also sells products under third-party brands, such as paul mitchell