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. (SBH) provides professional beauty supplies and salon products through its global retail and distribution networks. This news hub offers investors and industry professionals centralized access to official updates impacting the company's market position and operational developments.
Find timely information on financial performance, product innovations, and strategic partnerships that shape SBH's role in the beauty retail sector. The curated collection includes press releases related to store expansions, leadership changes, and responses to evolving beauty industry demands.
Regular updates ensure stakeholders stay informed about developments across both Sally Beauty Supply consumer stores and the Beauty Systems Group serving salon professionals. Bookmark this page for efficient tracking of material events affecting SBH's operations in North America, Europe, and key international markets.
Sally Beauty has partnered with Instacart to offer nationwide same-day delivery in as fast as an hour from over 2,200 store locations. Customers can now choose from more than 7,000 beauty products, including hair color, hair care, and skincare items, delivered directly to their doorstep. This collaboration expands on a successful initial trial earlier this year and integrates Instacart's delivery network with Sally Beauty's product range. This move aligns with Sally Beauty's omni-channel strategy to enhance customer convenience and accessibility.
Sally Beauty is celebrating Pride Month with a series of events and partnerships aimed at supporting the LGBTQIA+ community. From June 27 to June 29, 2024, the company will host interactive pop-up experiences in iconic New York City locations, including Chelsea and The Seaport. Attendees can enjoy giveaways, free hairstyling, and appearances by celebrities like Brad Mondo and RuPaul's Drag Race alums Joey Jay and Jackie Cox. The events are part of Sally Beauty's broader 'Rooted In Success' series, which also supports Black History Month and Women's History Month. Partnering with Free Mom Hugs, Sally Beauty aims to create a welcoming environment through visibility, education, and conversation. The events are free for members of Sally Beauty’s loyalty program.
Sally Beauty Holdings, Inc. (NYSE: SBH) reported Q2 net sales of $908 million, a 1.1% decrease YoY, with GAAP gross margin at 51.0%. Adjusted Operating Earnings were $69 million, GAAP net earnings per share at $0.27, and $37 million cash flow from operations. The Company completed a $20 million share repurchase, refinanced a $680 million note, and updated fiscal 2024 guidance.
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