Welcome to our dedicated page for Sally Beauty Hldgs news (Ticker: SBH), a resource for investors and traders seeking the latest updates and insights on Sally Beauty Hldgs stock.
Sally Beauty Holdings, Inc. (NYSE: SBH) is active in the cosmetics, beauty supplies, and perfume stores industry and regularly issues news updates that reflect its operations as a global seller and distributor of professional beauty supplies. Through its Sally Beauty Supply and Beauty Systems Group businesses, the company focuses on professional hair color, hair care, nails, skin care, and related professional tools and appliances, and its news flow often highlights developments across these categories.
News about Sally Beauty Holdings frequently includes quarterly and full-year financial results, as the company reports consolidated net sales, comparable sales, gross margin, operating earnings, earnings per share, and cash flow from operations. These releases also provide insight into segment performance for Sally Beauty Supply and Beauty Systems Group, as well as updates on non-GAAP measures such as Adjusted Operating Earnings, Adjusted EBITDA, and Free Cash Flow.
Beyond earnings, SBH news items cover strategic initiatives and partnerships. Examples include the Sally Ignited brand refresh for the Sally Beauty retail division, collaborations with marketplace and delivery partners such as DoorDash and other platforms, and expanded data and insights agreements with NielsenIQ (NIQ) to support omnichannel measurement and consumer understanding. The company also issues announcements related to category strategies, such as investing in nails as a strategic growth area, and communications-focused developments like appointing a new public relations agency of record.
Corporate governance and capital allocation updates also appear in the company’s news stream, including board appointments, conference call and webcast announcements, and information about share repurchase program extensions. Investors and followers of SBH can use this news page to review a consolidated view of these earnings updates, strategic announcements, category-focused initiatives, and governance-related disclosures over time.
Uber Technologies (NYSE: UBER) and Sally Beauty have announced a nationwide partnership to offer on-demand delivery of beauty supplies through the Uber Eats platform. This marks Uber Eats' first national beauty partnership, enabling customers to order hair care products, hair color, nail products, and styling tools directly through the app.
To celebrate the launch, customers can receive 50% off orders of $50 or more through March 31st. Uber One members will continue to enjoy $0 Delivery Fees on eligible orders. The partnership enhances Sally Beauty's digital presence and expands their same-day delivery reach nationwide.
The service provides access to best-selling brands including bondbar, Dashing Diva, Eva NYC, ion, OPI, Sauce Beauty, Wella, and XMONDO. Customers can easily browse and order products through the Uber Eats app's Retail or Beauty category, with real-time order tracking.
Sally Beauty Holdings (NYSE: SBH) has announced plans to relocate its corporate headquarters from Denton to Plano, Texas, maintaining its presence in the Dallas-Fort Worth area. The company will move to a new facility at 7900 Windrose, which is designed to be a modern and collaborative workspace.
The relocation aims to create a 'workplace of the future' that will enhance collaboration, innovation, and support talent retention efforts. The company expects to remain in its current Denton location through late 2025 while the new headquarters is under construction.
The move comes after more than 40 years in Denton. Plano officials highlighted the city's robust infrastructure, thriving job market, and pedestrian-friendly office environment as key advantages of the new location, which offers convenient access to State Highway 121 and Dallas North Tollway.
Bolt Projects Holdings (Nasdaq: BSLK) has announced a strategic partnership with Goddess Maintenance Co. (GMCo) for a groundbreaking beauty launch. GMCo has committed to $4 million in annual b-silk purchases through a multi-year supply agreement.
The launch, scheduled for Spring 2025, will be distributed through Sally Beauty Holdings' Beauty Systems Group network, reaching over 1,300 retail locations across the United States. GMCo's founding team includes Lauren Vesler and Manda Mason from The W Nail Bar, along with Edward Connaghan and Denise Russell, who contributed to Olaplex and K18's success.
The partnership leverages Bolt's Vegan Silk Technology Platform and targets the global beauty and personal care market, which is projected to reach $973.13 billion by 2030 with a 7.7% CAGR.
Sally Beauty Holdings (NYSE: SBH) reported strong Q1 fiscal 2025 results with consolidated net sales of $938 million, up 0.7% year-over-year, and comparable sales growth of 1.6%. The company achieved GAAP operating margin expansion of 330 basis points to 10.7% and adjusted operating margin growth of 50 basis points to 8.4%.
Key financial highlights include GAAP diluted EPS of $0.58, e-commerce sales of $99 million (10.6% of net sales), and operating free cash flow of $57 million. The company repaid $41 million of Term Loan B debt and completed $10 million in share repurchases.
Beauty Systems Group announced a new distribution partnership with K18, set to launch April 1st in all U.S. and Canadian stores. The company maintains its full-year guidance for comparable sales (flat to up 2%) and adjusted operating margin (8.5% to 9.0%), while updating consolidated net sales guidance to reflect foreign exchange impacts.
K18 Biomimetic Hairscience has announced its launch at Cosmo Prof, North America's largest distributor of professional beauty products. The biotech haircare brand's products will be available on Cosmo Prof's digital platforms starting March 21, 2025, followed by nationwide store availability in the US and Canada from April 1, 2025.
The company's flagship product, the Leave-In Molecular Repair Hair Mask featuring K18PEPTIDE™, has gained significant traction among professionals. K18 also offers the K18REPAIR™ Service, a professional-grade treatment for hair damage restoration. The brand has achieved over 20 billion TikTok views and received more than 25 prestigious awards, including WWD Product of the Year and Fast Company's Most Innovative.
Currently available in over 100 countries, K18 focuses on providing stylists with innovative products and educational support to enhance their artistry and business growth.
Sally Beauty Holdings (NYSE: SBH) has announced that its Beauty Systems Group division has signed a distribution agreement with K18, a leading professional hair care brand. The partnership will launch on April 1st across all Beauty Systems Group stores in the U.S. and Canada, including their e-commerce channel.
K18 is known for its proprietary K18PEPTIDE™ technology, which addresses hair damage at the molecular level. The brand has gained significant recognition with over 20 billion TikTok views and more than 30 prestigious awards, including WWD Product of the Year and Fast Company's Most Innovative. The brand's products are designed to provide faster and more effective solutions for hair repair, eliminating traditional long processing times.
Sally Beauty Holdings (NYSE:SBH) has announced it will host a conference call and webcast to discuss its first quarter financial results on February 13, 2025, at 7:30 a.m. Central Time. The company plans to release its financial results press release before U.S. markets open on the same day.
Investors can access the conference call from the United States by dialing (844) 867-6169 or internationally at (409) 207-6975 using access code 3549572#. A replay will be available from 10:30 a.m. Central Time on February 13 until February 27, 2025, accessible by dialing (866) 207-1041 (US) or (402) 970-0847 (International) with access code 1782156.
Sally Beauty (SBH) has announced the continuation of its Rooted in Success event series and partnership with Impressions of Beauty for the Black Girls Matter Meetup Tour. The initiative will visit nine HBCU campuses across the Southeast during February and March 2025.
The program includes on-campus brunches at six universities, featuring panel discussions with industry professionals from Black-owned brands available at Sally Beauty. Students will receive product demonstrations, hair consultations, and opportunities to win $300 Sally Beauty gift cards.
The company has also appointed celebrity hairstylist Monaè Everett as a new spokesperson. Sally Beauty currently carries over 50 Black-owned or founded brands and will introduce a new textured hair brand, Pardon My Fro, in March 2025. The company is also supporting the Future Change MakeHERs initiative, providing $200 gift cards to six emerging HBCU leaders.
Sally Beauty Holdings (NYSE: SBH) reported Q4 fiscal 2024 results with consolidated net sales of $935 million, up 1.5% year-over-year, and comparable sales growth of 2.0%. Q4 GAAP operating margin expanded 50 basis points to 8.8%, while adjusted operating margin improved 80 basis points to 9.4%. The company generated strong Q4 cash flow from operations of $111 million, which was used to repay $45 million in credit facility debt and fund $10 million in share repurchases. Beauty Systems Group acquired Exclusive Beauty Supplies in Florida. For fiscal 2025, the company expects consolidated net sales and comparable sales to be flat to up 2%, with adjusted operating margin projected between 8.5% to 9.0%.
Sally Beauty Holdings (NYSE:SBH) has announced two key events: its fourth quarter and full year financial results conference call scheduled for November 14, 2024, at 7:30 a.m. Central Time, and its virtual annual meeting of stockholders set for January 24, 2025, at 9:00 a.m. Central. The financial results press release will be available before market open on November 14. The earnings call will be accessible via telephone and webcast, with replay options available until November 28. The company has set November 25, 2024, as the record date for stockholder voting eligibility at the annual meeting.