Sally Beauty Holdings Inc (SBH)

Sally Beauty Celebrates Pride Month with Community Activations Across LA and NYCJune 4, 2026 9:02 AM
PR Newswire (US) The retailer brings beauty, self-expression and celebration to Pride events nationwide through giveaways, immersive experiences and community engagement PLANO, Texas, June 4, 2026 /PRNewswire/ -- Sally Beauty, the leading destination for professional-quality hair color and care, is celebrating Pride Month with community-focused activations in Los Angeles and New York City. The celebrations are part of the brand's ongoing Rooted in Success initiative, which launched in 2024 and is dedicated to uplifting and celebrating community. The campaign is part of Sally Beauty's broader mission to champion self-expression, confidence and inclusivity through beauty.   Throughout the month of June, Sally Beauty will celebrate the LGBTQIA+ community with product sampling, experiential moments to drive community-building, and giveaways designed to inspire consumers to express themselves boldly and authentically. LOS ANGELES: WEHO PRIDE PARADE 
On Sunday, June 7, 2026, Sally Beauty will support the WeHo Pride Parade in West Hollywood, California, via a sampling program where consumers will receive complimentary products and Sally Beauty gift cards. Parade attendees can find brand ambassadors in Sally Beauty shirts handing out full-size products starting at the parade's halfway point, around Santa Monica Blvd. & N. La Cienega Blvd beginning at 12pm PST. Featured products include China Glaze Nail Lacquer in various shades and Sally Beauty Gift Cards. 
*while supplies last NEW YORK CITY: NYC PRIDE MARCH
Then, on Sunday, June 28, 2026, Sally Beauty will bring an interactive experience to the NYC Pride March with its "Get the Beauty Scoop with Sally" activation featuring complimentary ice cream, beauty products and more. Parade attendees can find the Sally Beauty experience on 4th Ave, near the cross street of E 12th Street from 11 a.m. to 6 p.m. The first 200 beauty enthusiasts who stop by will receive an exclusive VIP gift bag filled with Sally Beauty favorites from brands like Beauty Secrets, Strawberry Leopard, Eva NYC, Dashing Diva and Sally Hansen.
*while supplies last "We believe beauty is a powerful form of self-expression and individuality," said Chris Kobus, Chief Marketing Officer at Sally Beauty. "Pride is an opportunity to celebrate creativity, confidence and community, and we're excited to connect with consumers where they are while continuing our commitment to fostering inclusivity through Rooted in Success." During Pride Month, Sally Beauty celebrates LGBTQIA+ owned and founded brands - including Good Dye Young, Kaleidoscope, Madison Reed, and XMONDO - whose passion and originality inspire the beauty community. These founders turn self-expression into artistry, creating products that empower individuality, honor identity and invite everyone to shine.To learn more about Sally Beauty's Pride Month programming, featured LGBTQIA+ owned or founded brands, and upcoming events, visit at SallyBeauty.com/events/ or follow @SallyBeauty on social media.About Sally Beauty Holdings, Inc. 
Sally Beauty Holdings, Inc. (NYSE: SBH), as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty and Beauty Systems Group businesses. Sally Beauty stores offer up to 7,000 products for hair color, hair care, nails, and skin care through proprietary brands such as Ion®, Bondbar®, Strawberry Leopard®, Generic Value Products®, Inspired by Nature® and Silk Elements® as well as professional lines such as Wella®, Clairol®, OPI®, L'Oreal®, Wahl® and Babyliss Pro®. Beauty Systems Group stores, branded as Cosmo Prof® or Armstrong McCall® stores, along with its outside sales consultants, sell up to 8,000 professionally branded products including Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico®, Amika® and Moroccanoil®, intended for use in salons and for resale by salons to retail consumers. For more information about Sally Beauty Holdings, Inc., please visit sallybeautyholdings.com.  View original content to download multimedia:https://www.prnewswire.com/news-releases/sally-beauty-celebrates-pride-month-with-community-activations-across-la-and-nyc-302790856.htmlSOURCE Sally Beauty Original: Sally Beauty Celebrates Pride Month with Community Activations Across LA and NYC

Sally Beauty (SBH) Shares Edge Higher After Earnings Beat and Updated OutlookMay 11, 2026 10:08 AM
IH Market News Sally Beauty Holdings Inc. (NYSE:SBH) shares rose more than 2% in premarket trading on Monday after the beauty products retailer reported second-quarter results that exceeded analyst expectations.The company also narrowed its full-year guidance range following the quarterly performance. Earnings and Revenue Top Estimates For the quarter ended March 31, Sally Beauty posted adjusted earnings per share of $0.44, ahead of analyst expectations of $0.41 per share.Revenue totaled $903 million, slightly above the consensus forecast of $900.43 million and up 2.3% from $883 million in the same period last year.Comparable consolidated sales increased 1.3% during the quarter.“Our second quarter results reflect solid execution and the resilience of our operating model amid a dynamic macroeconomic environment,” said President and Chief Executive Officer Denise Paulonis. “We delivered low-single digit sales growth, gross margin expansion, and strong cash flow from operations, driven by the compounding benefits of our growth initiatives.” Cash Flow Supports Debt Reduction and Share Buybacks The company generated $73 million in operating cash flow during the quarter.Sally Beauty used the funds to reduce debt, repurchase shares and continue investing in growth initiatives.During the period, the company bought back 1.7 million shares for $25 million and repaid $20 million of term loan debt.At quarter-end, Sally Beauty reported a net debt leverage ratio of 1.5x and said it had no outstanding borrowings under its revolving credit facility. Company Narrows Fiscal 2026 Revenue Guidance For fiscal 2026, Sally Beauty tightened its revenue outlook to a range of $3.725 billion to $3.75 billion, compared with its previous guidance range of $3.71 billion to $3.77 billion.The midpoint of the updated range, $3.74 billion, sits slightly below analyst expectations of $3.75 billion.The company maintained its adjusted earnings per share guidance of $2.02 to $2.10 for the full year, with the midpoint broadly in line with Wall Street forecasts. Sally Beauty Supply and E-Commerce Show Strength Within the company’s operating divisions, Sally Beauty Supply generated net sales of $521 million, up 4.1% year-over-year, while comparable sales increased 2.5%.Beauty Systems Group posted net sales of $382 million, broadly unchanged from the prior-year period, with comparable sales declining 0.3%.Global e-commerce sales rose 13% to $108 million and accounted for approximately 12% of total company revenue.Sally Beauty Holdings stock price Original: Sally Beauty (SBH) Shares Edge Higher After Earnings Beat and Updated Outlook

Sally Beauty Holdings Reports Second Quarter Fiscal 2026 ResultsMay 11, 2026 6:45 AM
Business Wire Q2 Consolidated Net Sales Increased 2.3%; Consolidated Comparable Sales Increased 1.3% Q2 GAAP Diluted EPS Increased 13%; Adjusted Diluted EPS Increased 5% Q2 Cash Flow from Operations of $73 Million Deployed to Invest for Growth, Strengthen Balance Sheet and Return Value to Shareholders Fiscal 2026 Guidance: Company Tightens Net Sales Range and Reiterates All Other Metrics Sally Beauty Holdings, Inc. (NYSE: SBH) (the “Company”), the leader in professional hair color, today announced financial results for its second quarter ended March 31, 2026. The Company will hold a conference call today at 7:30 a.m. Central Time to discuss these results and its business. “Our second quarter results reflect solid execution and the resilience of our operating model amid a dynamic macroeconomic environment,” said Denise Paulonis, president and chief executive officer. “We delivered low-single digit sales growth, gross margin expansion, and strong cash flow from operations, driven by the compounding benefits of our growth initiatives. As we enter the second half of fiscal 2026, we remain confident in our full-year outlook and believe the Company is positioned to deliver consistent, profitable growth and shareholder value over the long-term.” Fiscal 2026 Second Quarter Summary Consolidated net sales of $903 million, an increase of 2.3% compared to the prior year; Consolidated comparable sales growth of 1.3%; Global e-commerce sales increased 13% to $108 million, representing 12% of net sales; GAAP gross margin expansion of 70 basis points to 52.7%; Adjusted Gross Margin expansion of 80 basis points to 52.8%; GAAP selling, general and administrative expenses of $404 million, an increase of $14 million compared to the prior year; Adjusted Selling, General and Administrative Expenses of $404 million, an increase of $20 million compared to the prior year; GAAP operating earnings of $72 million and GAAP operating margin of 8.0%; Adjusted Operating Earnings of $73 million and Adjusted Operating Margin of 8.1%; GAAP diluted net earnings per share of $0.43, an increase of 13% compared to the prior year; Adjusted Diluted Net Earnings Per Share of $0.44, an increase of 5% compared to the prior year; Cash flow from operations of $73 million and Free Cash Flow of $44 million; and Completed $20 million in term loan repayment and $25 million in share repurchases. Balance Sheet and Cash Flow As of March 31, 2026, the Company had cash and cash equivalents of $157 million and no outstanding borrowings under its asset-based revolving line of credit. At fiscal year-end, inventory was $987 million, down 2% versus a year ago. Second quarter cash flow from operations was $73 million and Free Cash Flow totaled $44 million. During the quarter, the Company utilized its cash flow to repay $20 million of term loan B debt and repurchase 1.7 million shares under its share repurchase program at an aggregate cost of $25 million. The Company ended the second quarter with a net debt leverage ratio of 1.5x. Fiscal 2026 Second Quarter Segment Results Sally Beauty Beauty Systems Group (In thousands, except percentages) Q2 FY26 Q2 FY25 Growth/(Decline) Q2 FY26 Q2 FY25 Growth/(Decline) Net Sales $ 521,236   $ 500,575   4.1% $ 382,146   $ 382,571   (0.1)% Comparable Sales Growth/(Decline)   2.5 %   (0.3 )% 280 bps   (0.3 )%   (2.7 )% 240 bps Gross Margin   61.3 %   61.2 % 10 bps   40.9 %   39.8 % 110 bps Operating Earnings $ 78,149   $ 77,305   1.1% $ 47,368   $ 43,934   7.8% Operating Margin   15.0 %   15.4 % (40) bps   12.4 %   11.5 % 90 bps Fiscal Year 2026 Guidance* Third Quarter Consolidated Net Sales $932 million to $942 million (1) Comparable Sales Approximately Flat Adjusted Operating Earnings $83 million to $89 million Adjusted Diluted EPS $0.52 to $0.56 (1) Assumes approximately 40 basis points of favorable impact from expected foreign currency rates Full Year Prior FY26 Guidance Updated FY26 Guidance Consolidated Net Sales $3.71 billion to $3.77 billion $3.725 billion to $3.750 billion (1) Comparable Sales Flat to up 1% No change Adjusted Operating Earnings $328 million to $342 million No change Adjusted Diluted EPS $2.02 to $2.10 (2) No change Capital Expenditures Approximately $100 million No change Free Cash Flow Approximately $200 million No change (1) Assumes approximately 50 basis points of favorable impact from expected foreign currency rates (2) Assumes 50% of Free Cash Flow goes towards share repurchases (Free Cash Flow defined as GAAP cash flows from operating activities less payments for capital expenditures) * The Company does not provide a reconciliation for forward-looking non-GAAP financial measures where it is unable to provide a meaningful or accurate calculation or estimation of its reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the occurrence and the financial impact of various items that have not yet occurred, are out of the Company’s control or cannot be reasonably predicted. For the same reasons, the Company is unable to address the probable significance of the unavailable information. Forward-looking non-GAAP financial measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures. Conference Call and Where You Can Find Additional Information The Company will hold a conference call and live webcast at approximately 7:30 a.m. Central Time today, May 11, 2026, to discuss its financial results and its business. During the conference call, the Company may discuss and answer one or more questions concerning business and financial matters and trends affecting the Company. The Company’s responses to these questions, as well as other matters discussed during the conference call, may contain or constitute material information that has not been previously disclosed. Participants can listen to the live webcast of the conference call by accessing the investor relations section of the Company’s website at sallybeautyholdings.com/investor-relations/events-and-presentations/events-calendar, or through our third-party host at SBH Q2 Earnings Webcast. To join the conference call, participants can pre-register to receive a dial-in number and unique PIN using the following link: Pre-register SBH Q2 Earnings Call. Pre-registration can be completed at any time up to and following the call start time. A replay will be available on the Company’s investor relations website after 10:00 a.m. Central Time on May 11, 2026, through May 11, 2027. About Sally Beauty Holdings, Inc. Sally Beauty Holdings, Inc. (NYSE: SBH), as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty and Beauty Systems Group segments. Sally Beauty stores offer up to 7,000 products for hair color, hair care, nails, and skin care through proprietary brands such as Ion®, Bondbar®, Strawberry Leopard®, Generic Value Products®, Inspired by Nature® and Silk Elements® as well as professional lines such as Wella®, Clairol®, OPI®, L’Oreal®, Wahl® and Babyliss Pro®. Beauty Systems Group stores, branded as Cosmo Prof® or Armstrong McCall® stores, along with its outside sales consultants, sell up to 8,000 professionally branded products including Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico®, Amika® and Moroccanoil®, intended for use in salons and for resale by salons to retail consumers. For more information about Sally Beauty Holdings, Inc., please visit sallybeautyholdings.com/investor-relations. Cautionary Notice Regarding Forward-Looking Statements Statements in this news release and the schedules hereto that are not purely historical facts or that depend upon future events may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, can be identified by the use of words such as “believes,” “projects,” “expects,” “can,” “may,” “estimates,” “should,” “plans,” “targets,” “intends,” “could,” “will,” “would,” “anticipates,” “potential,” “confident,” “optimistic,” or the negative thereof, or other variations thereon, or comparable terminology, or by discussions of strategy, objectives, estimates, guidance, expectations and future plans. Forward-looking statements can also be identified by the fact that these statements do not relate strictly to historical or current matters. Readers are cautioned not to place undue reliance on forward-looking statements as such statements speak only as of the date they were made. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including the “Risk Factors” described under Item 1A of our Annual Report on Form 10-K for the fiscal year ended September 30, 2025, and other filings with the U.S. Securities and Exchange Commission. Consequently, all forward-looking statements in this release are qualified by the factors, risks and uncertainties contained therein. We assume no obligation to publicly update or revise any forward-looking statements. Use of Non-GAAP Financial Measures This news release and the schedules hereto include the following financial measures that have not been calculated in accordance with accounting principles generally accepted in the United States, (“GAAP”), and are therefore referred to as non-GAAP financial measures: (1) Adjusted Gross Margin; (2) Adjusted Selling, General and Administrative Expenses; (3) Adjusted EBITDA and EBITDA Margin; (4) Adjusted Operating Earnings and Operating Margin; (5) Adjusted Net Earnings; (6) Adjusted Diluted Net Earnings Per Share; and (7) Free Cash Flow. We have provided definitions below for these non-GAAP financial measures and have provided tables in the schedules hereto to reconcile these non-GAAP financial measures to the comparable GAAP financial measures. Adjusted Gross Margin – We define the measure Adjusted Gross Margin as GAAP gross margin excluding the costs related to the Company’s fuel for growth initiative for the relevant time periods as indicated in the accompanying non-GAAP reconciliations to the comparable GAAP financial measures. Adjusted Selling, General and Administrative Expenses – We define the measure Adjusted Selling, General and Administrative Expenses as GAAP selling, general and administrative expenses excluding the costs related to the Company’s fuel for growth initiative, expenses related to the Company’s corporate headquarters relocation, and asset impairment charges for the relevant time periods as indicated in the accompanying non-GAAP reconciliations to the comparable GAAP financial measures. Adjusted EBITDA and EBITDA Margin – We define the measure Adjusted EBITDA as GAAP net earnings before depreciation and amortization, interest expense, income taxes, share-based compensation, costs related to the Company’s fuel for growth initiative, expenses related to the Company’s corporate headquarters relocation, and asset impairment charges for the relevant time periods as indicated in the accompanying non-GAAP reconciliations to the comparable GAAP financial measures. Adjusted EBITDA Margin is Adjusted EBITDA as a percentage of net sales. Adjusted Operating Earnings and Operating Margin – Adjusted operating earnings are GAAP operating earnings that exclude the costs related to the Company’s fuel for growth initiative, expenses related to the Company’s corporate headquarters relocation, and asset impairment charges for the relevant time periods as indicated in the accompanying non-GAAP reconciliations to the comparable GAAP financial measures. Adjusted Operating Margin is Adjusted Operating Earnings as a percentage of net sales. Adjusted Net Earnings – Adjusted net earnings is GAAP net earnings that exclude the tax-effected costs related to the Company’s fuel for growth initiative, tax-effected expenses related to the Company’s corporate headquarters relocation, and tax-effected asset impairment charges for the relevant time periods as indicated in the accompanying non-GAAP reconciliations to the comparable GAAP financial measures. Adjusted Diluted Net Earnings Per Share – Adjusted diluted net earnings per share is GAAP diluted earnings per share that exclude the tax-effected costs related to the Company’s fuel for growth initiative, tax-effected expenses related to the Company’s corporate headquarters relocation, and tax-effected asset impairment charges for the relevant time periods as indicated in the accompanying non-GAAP reconciliations to the comparable GAAP financial measures. Free Cash Flow – We define the measure Free Cash Flow as GAAP net cash provided by operating activities less payments for capital expenditures (net). We believe Free Cash Flow is an important liquidity measure that provides useful information to investors about the amount of cash generated from operations after taking into account payments for capital expenditures (net). We believe that these non-GAAP financial measures provide valuable information regarding our earnings and business trends by excluding specific items that we believe are not indicative of the ongoing operating results of our businesses, providing a useful way for investors to make a comparison of our performance over time and against other companies in our industry. We have provided these non-GAAP financial measures as supplemental information to our GAAP financial measures and believe these non-GAAP measures provide investors with additional meaningful financial information regarding our operating performance and cash flows. Our management and Board of Directors also use these non-GAAP measures as supplemental measures to evaluate our businesses and the performance of management, including the determination of performance-based compensation, to make operating and strategic decisions, and to allocate financial resources. We believe that these non-GAAP measures also provide meaningful information for investors and securities analysts to evaluate our historical and prospective financial performance. These non-GAAP measures should not be considered a substitute for or superior to GAAP results. Furthermore, the non-GAAP measures presented by us may not be comparable to similarly titled measures of other companies. Supplemental Schedules Segment Information 1 Non-GAAP Financial Measures Reconciliations 2-3 Non-GAAP Financial Measures Reconciliations; Adjusted EBITDA and   Free Cash Flow 4 Store Count and Comparable Sales 5 SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES Condensed Consolidated Statements of Earnings (In thousands, except per share data) (Unaudited)               Three Months Ended March 31,   Six Months Ended March 31,       2026       2025   Percentage Change     2026       2025   Percentage Change   Net sales $ 903,382   $ 883,146   2.3 % $ 1,846,550   $ 1,821,041   1.4 % Cost of products sold   427,610     424,329   0.8 %   887,519     885,384   0.2 % Gross profit   475,772     458,817   3.7 %   959,031     935,657   2.5 % Selling, general and administrative expenses   403,841     389,444   3.7 %   811,165     765,964   5.9 % Operating earnings   71,931     69,373   3.7 %   147,866     169,693   (12.9 )% Interest expense   14,165     16,289   (13.0 )%   28,785     33,731   (14.7 )% Earnings before provision for income taxes   57,766     53,084   8.8 %   119,081     135,962   (12.4 )% Provision for income taxes   15,071     13,874   8.6 %   30,829     35,739   (13.7 )% Net earnings $ 42,695   $ 39,210   8.9 % $ 88,252   $ 100,223   (11.9 )%   Earnings per share: Basic $ 0.44   $ 0.39   12.8 % $ 0.91   $ 0.98   (7.1 )% Diluted $ 0.43   $ 0.38   13.2 % $ 0.88   $ 0.96   (8.3 )%   Weighted average shares: Basic   96,727     101,614     97,271     101,820   Diluted   99,721     104,435     100,265     104,682     Basis Point Change Basis Point Change Comparison as a percentage of net sales Consolidated gross margin   52.7 %   52.0 % 70     51.9 %   51.4 % 50   Selling, general and administrative expenses   44.7 %   44.1 % 60     43.9 %   42.1 % 180   Consolidated operating margin   8.0 %   7.9 % 10     8.0 %   9.3 % (130 )   Effective tax rate   26.1 %   26.1 % —     25.9 %   26.3 % (40 )   SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheets (In thousands) (Unaudited)   March 31 September 30 2026 2025   Cash and cash equivalents $ 157,401 $ 149,162 Trade and other accounts receivable   101,632   116,562 Inventory   986,787   987,575 Other current assets   46,940   48,154 Total current assets   1,292,760   1,301,453 Property and equipment, net   285,335   284,284 Operating lease assets   635,406   646,698 Goodwill and other intangible assets   590,436   593,692 Other assets   49,353   44,969 Total assets $ 2,853,290 $ 2,871,096   Current maturities of long-term debt $ 4,000 $ 4,000 Accounts payable   222,635   224,507 Accrued liabilities   169,800   184,641 Current operating lease liabilities   157,050   158,566 Income taxes payable   —   4,260 Total current liabilities   553,485   575,974 Long-term debt, including capital leases   823,051   861,974 Long-term operating lease liabilities   531,987   538,426 Other liabilities   21,080   21,026 Deferred income tax liabilities, net   85,815   79,489 Total liabilities   2,015,418   2,076,889 Total stockholders’ equity   837,872   794,207 Total liabilities and stockholders’ equity $ 2,853,290 $ 2,871,096 Supplemental Schedule 1   SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES Segment Information (In thousands) (Unaudited)               Three Months Ended March 31,   Six Months Ended March 31,       2026       2025   Percentage Change     2026       2025   Percentage Change Net sales: Sally Beauty Supply ("Sally") $ 521,236   $ 500,575   4.1 % $ 1,052,837   $ 1,026,021   2.6 % Beauty Systems Group ("BSG")   382,146     382,571   (0.1 )%   793,713     795,020   (0.2 )% Total net sales $ 903,382   $ 883,146   2.3 % $ 1,846,550   $ 1,821,041   1.4 %   Operating earnings: Sally $ 78,149   $ 77,305   1.1 % $ 156,046   $ 157,179   (0.7 )% BSG   47,368     43,934   7.8 %   101,275     94,403   7.3 % Segment operating earnings   125,517     121,239   3.5 %   257,321     251,582   2.3 %   Unallocated expenses (1)   53,586     51,866   3.3 %   109,455     81,889   33.7 % Interest expense   14,165     16,289   (13.0 )%   28,785     33,731   (14.7 )% Earnings before provision for income taxes $ 57,766   $ 53,084   8.8 % $ 119,081   $ 135,962   (12.4 )%     Segment gross margin:   2026       2025   Basis Point Change     2026       2025   Basis Point Change Sally   61.3 %   61.2 % 10     60.5 %   60.4 % 10   BSG   40.9 %   39.8 % 110     40.5 %   39.7 % 80     Segment operating margin: Sally   15.0 %   15.4 % (40 )   14.8 %   15.3 % (50 ) BSG   12.4 %   11.5 % 90     12.8 %   11.9 % 90   Consolidated operating margin   8.0 %   7.9 % 10     8.0 %   9.3 % (130 )   (1) Unallocated expenses, including share-based compensation expense, consist of corporate and shared costs and are included in selling, general and administrative expenses. Additionally, unallocated expenses include costs associated with our Fuel for Growth initiative and a gain from the sale of our corporate headquarters during the six months ended March 31, 2026. Supplemental Schedule 2 SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES Non-GAAP Financial Measures Reconciliations (In thousands, except per share data) (Unaudited)     Three Months Ended March 31, 2026 As Reported
(GAAP) Fuel for
Growth (1) Corporate HQ
Relocation (2) As Adjusted (Non-GAAP)   Cost of products sold $ 427,610   $ (811 ) $ —   $ 426,799   Consolidated gross margin   52.7 %   52.8 % Selling, general and administrative expenses   403,841     (281 )   (19 )   403,541   SG&A expenses, as a percentage of sales   44.7 %   44.7 % Operating earnings   71,931     1,092     19     73,042   Operating margin   8.0 %   8.1 % Earnings before provision for income taxes   57,766     1,092     19     58,877   Provision for income taxes (4)   15,071     277     5     15,353   Net earnings $ 42,695   $ 815   $ 14   $ 43,524     Earnings per share: (5) Basic $ 0.44   $ 0.01   $ 0.00   $ 0.45   Diluted $ 0.43   $ 0.01   $ 0.00   $ 0.44     Three Months Ended March 31, 2025 As Reported
(GAAP) Fuel for Growth and Other (1) Corporate HQ
Relocation (2) Asset Impairment (3) As Adjusted (Non-GAAP)   Cost of products sold $ 424,329   $ —   $ —   $ —   $ 424,329   Consolidated gross margin   52.0 %   52.0 % Selling, general and administrative expenses   389,444     (3,807 )   (207 )   (1,779 )   383,651   SG&A expenses, as a percentage of sales   44.1 %   43.4 % Operating earnings   69,373     3,807     207     1,779     75,166   Operating margin   7.9 %   8.5 % Earnings before provision for income taxes   53,084     3,807     207     1,779     58,877   Provision for income taxes (4)   13,874     976     53     445     15,348   Net earnings $ 39,210   $ 2,831   $ 154   $ 1,334   $ 43,529     Earnings per share: (5) Basic $ 0.39   $ 0.03   $ 0.00   $ 0.01   $ 0.43   Diluted $ 0.38   $ 0.03   $ 0.00   $ 0.01   $ 0.42     (1) Fuel for Growth and other represents expenses primarily related with our Fuel for Growth program and other non-recurring items.   (2) For the three months ended March 31, 2026 and 2025, corporate HQ relocation primarily represents expenses in connection with the relocation of our headquarters.   (3) Impairment related to the write-off of certain tradenames used in Europe.   (4) The provision for income taxes was calculated using the applicable tax rates for each country, while excluding the tax benefits for countries where the tax benefit is not currently deemed probable of being realized.   (5) The sum of the earnings per share may not equal the full amount due to rounding of the calculated amounts. Supplemental Schedule 3 SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES Non-GAAP Financial Measures Reconciliations, Continued (In thousands, except per share data) (Unaudited)     Six Months Ended March 31, 2026 As Reported
(GAAP) Fuel for
Growth (1) Corporate HQ
Relocation (2) As Adjusted (Non-GAAP)   Cost of products sold $ 887,519   $ (1,718 ) $ —   $ 885,801   Consolidated gross margin   51.9 %   52.0 % Selling, general and administrative expenses   811,165     (1,461 )   (1,852 )   807,852   SG&A expenses, as a percentage of sales   43.9 %   43.7 % Operating earnings   147,866     3,179     1,852     152,897   Operating margin   8.0 %   8.3 % Earnings before provision for income taxes   119,081     3,179     1,852     124,112   Provision for income taxes (4)   30,829     806     476     32,111   Net earnings $ 88,252   $ 2,373   $ 1,376   $ 92,001     Earnings per share: (5) Basic $ 0.91   $ 0.02   $ 0.01   $ 0.95   Diluted $ 0.88   $ 0.02   $ 0.01   $ 0.92     Six Months Ended March 31, 2025 As Reported
(GAAP) Fuel for Growth and Other (1) Corporate HQ
Relocation (2) Asset
Impairment (3) As Adjusted (Non-GAAP)   Cost of products sold $ 885,384   $ —   $ —   $ —   $ 885,384   Consolidated gross margin   51.4 %   51.4 % Selling, general and administrative expenses   765,964     (8,676 )   26,433     (1,779 )   781,942   SG&A expenses, as a percentage of sales   42.1 %   42.9 % Operating earnings   169,693     8,676     (26,433 )   1,779     153,715   Operating margin   9.3 %   8.4 % Earnings before provision for income taxes   135,962     8,676     (26,433 )   1,779     119,984   Provision for income taxes (4)   35,739     2,222     (6,797 )   444     31,608   Net earnings $ 100,223   $ 6,454   $ (19,636 ) $ 1,335   $ 88,376     Earnings per share: (5) Basic $ 0.98   $ 0.06   $ (0.19 ) $ 0.01   $ 0.87   Diluted $ 0.96   $ 0.06   $ (0.19 ) $ 0.01   $ 0.84       (1) Fuel for Growth and other represents expenses primarily related with our Fuel for Growth program and other non-recurring items.   (2) For the six months ended March 31, 2026, corporate HQ relocation primarily represents duplicate rent expense on the new office prior to our relocation from our Denton corporate headquarters. For the six months ended March 31, 2025, corporate HQ relocation primarily represents a $26.6 million gain from the sale of our Denton headquarters and expenses in connection with the relocation of our headquarters.   (3) Impairment related to the write-off of a certain tradename used in Europe.   (4) The provision for income taxes was calculated using the applicable tax rates for each country, while excluding the tax benefits for countries where the tax benefit is not currently deemed probable of being realized.   (5) The sum of the earnings per share may not equal the full amount due to rounding of the calculated amounts. Supplemental Schedule 4   SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES Non-GAAP Financial Measures Reconciliations, Continued (In thousands) (Unaudited)   Three Months Ended March 31, Six Months Ended March 31, Adjusted EBITDA:   2026       2025   Percentage Change   2026       2025   Percentage Change   Net earnings $ 42,695   $ 39,210   8.9 % $ 88,252   $ 100,223   (11.9 )% Add: Depreciation and amortization   25,280     25,359   (0.3 )%   48,912     50,924   (4.0 )% Interest expense   14,165     16,289   (13.0 )%   28,785     33,731   (14.7 )% Provision for income taxes   15,071     13,874   8.6 %   30,829     35,739   (13.7 )% EBITDA (non-GAAP)   97,211     94,732   2.6 %   196,778     220,617   (10.8 )% Share-based compensation   5,969     4,238   40.8 %   13,524     10,291   31.4 % Fuel for Growth and Other   1,092     3,807   (71.3 )%   3,179     8,676   (63.4 )% Corporate HQ Relocation   19     207   (90.8 )%   1,852     (26,433 ) 107.0 % Asset Impairment   —     1,779   (100.0 )%   —     1,779   (100.0 )% Adjusted EBITDA (non-GAAP) $ 104,291   $ 104,763   (0.5 )% $ 215,333   $ 214,930   0.2 %   Basis Point Change Basis Point Change Adjusted EBITDA as a percentage of net sales Adjusted EBITDA margin   11.5 %   11.9 % (40 )   11.7 %   11.8 % (10 )     Free Cash Flow:   2026       2025   Percentage Change     2026       2025   Percentage Change Cash flows from operating activities $ 73,280   $ 51,062   43.5 % $ 166,519   $ 84,521   97.0 %   Less: Payments for capital expenditures   29,162     18,893   54.4 %   64,946     38,971   66.7 % Plus: Proceeds from sales of property and equipment (1)   —     —   —     —     43,574   (100.0 )% Free cash flow (non-GAAP) $ 44,118   $ 32,169   37.1 % $ 101,573   $ 89,124   14.0 %   (1) Represents the proceeds from the sale of our corporate headquarters. Supplemental Schedule 5   SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES Store Count and Comparable Sales (Unaudited)   As of March 31, 2026   2025   Change   Number of stores: Sally 3,079   3,117   (38 ) BSG: Company-operated stores 1,189   1,198   (9 ) Franchise stores 131   131   —   Total BSG 1,320   1,329   (9 ) Total consolidated 4,399   4,446   (47 )   Number of BSG salon business consultants (1) 560   632   (72 )   (1) BSG salon business consultants (SBC) include 191 sales consultants employed by our franchisees at March 31, 2026 and 2025.   Three Months Ended March 31,   Six Months Ended March 31, 2026   2025   Basis Point Change   2026   2025   Basis Point Change Comparable sales growth (decline): Sally 2.5 % (0.3 )% 280 1.3 % 0.8 % 50   BSG (0.3 )% (2.7 )% 240 (0.2 )% (0.6 )% 40   Consolidated 1.3 % (1.3 )% 260 0.6 % 0.2 % 40       Our comparable sales include sales from stores that have been operating for 14 months or longer as of the last day of a month and e-commerce revenue. Additionally, our comparable sales include sales to franchisees and full-service sales. Our comparable sales amounts exclude the effect of changes in foreign exchange rates and sales from stores relocated until 14 months after the relocation. Revenue from acquired stores is excluded from our comparable sales calculation until 14 months after the acquisition.   View source version on businesswire.com: https://www.businesswire.com/news/home/20260511500718/en/ Jeff Harkins
Investor Relations
940-297-4131
jharkins@sallybeauty.com Original: Sally Beauty Holdings Reports Second Quarter Fiscal 2026 Results

Sally Beauty Holdings Announces Conference Call and Webcast to Discuss Second Quarter Financial Results on May 11, 2026April 27, 2026 6:22 PM
Business Wire
Sally Beauty Holdings, Inc. (NYSE:SBH) (the “Company”), the leader in professional hair color, announced today that it will host a conference call and webcast on May 11, 2026, at 7:30 a.m. Central Time, to discuss its second quarter financial results.


A copy of the press release announcing the second quarter financial results is expected to be made available on May 11, 2026, before the U.S. financial markets open on the Company's website sallybeautyholdings.com/investor-relations. During the conference call, the Company may discuss and answer one or more questions concerning business and financial matters and trends affecting the Company. The Company’s responses to these questions, as well as other matters discussed during the conference call, may contain or constitute material information that has not been previously disclosed.


A live webcast of the conference call can be accessed through the Investor Relations section of the Company’s website at sallybeautyholdings.com/investor-relations/events-and-presentations/events-calendar, or through our third-party host at SBH Q2 Earnings Webcast. Participants should join the webcast ten minutes prior to the start of the conference call.


To join the conference call, participants can pre-register to receive a dial-in number and unique PIN using the following link: Pre-register SBH Q2 Earnings Call. Pre-registration can be completed at any time up to and following the call start time.


For those unable to listen to the live conference call, a replay will be available on the Company’s investor relations website after 10:00 a.m. Central Time on May 11, 2026, through May 11, 2027.


About Sally Beauty Holdings, Inc.


Sally Beauty Holdings, Inc. (NYSE: SBH), as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty and Beauty Systems Group businesses. Sally Beauty stores offer up to 7,000 products for hair color, hair care, nails, and skin care through proprietary brands such as Ion®, Bondbar®, Strawberry Leopard®, Generic Value Products®, Inspired by Nature® and Silk Elements® as well as professional lines such as Wella®, Clairol®, OPI®, L’Oreal®, Wahl® and Babyliss Pro®. Beauty Systems Group stores, branded as Cosmo Prof® or Armstrong McCall® stores, along with its outside sales consultants, sell up to 8,000 professionally branded products including Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico®, Amika® and Moroccanoil®, intended for use in salons and for resale by salons to retail consumers. For more information about Sally Beauty Holdings, Inc., please visit sallybeautyholdings.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260427055089/en/
Jeff Harkins

Investor Relations

940-297-4131

jharkins@sallybeauty.com


Original: Sally Beauty Holdings Announces Conference Call and Webcast to Discuss Second Quarter Financial Results on May 11, 2026

Sally Beauty Holdings Appoints Adrianne Lee as Chief Financial OfficerApril 2, 2026 6:45 AM
Business Wire
Marlo Cormier to Step Down to Pursue Other Opportunities


Reaffirms Second Quarter and Fiscal Year 2026 Guidance


Sally Beauty Holdings, Inc. (NYSE: SBH) (“the Company”) today announced that Adrianne Lee has been appointed Senior Vice President and Chief Financial Officer, effective April 28, 2026. Ms. Lee succeeds Marlo Cormier, who will be leaving the company, effective April 11, 2026, to pursue other opportunities.


Ms. Lee brings significant relevant experience to the role, most recently serving as President and CFO at Bed Bath & Beyond. Ms. Lee joined Bed Bath & Beyond as CFO in 2020 and became Chief Administrative Officer in 2024 and President in 2025. Prior to that, she held senior executive roles at The Hertz Corporation from 2014 to 2020, including Senior Vice President & CFO, North America Rental Car, and Car Sales and Vice President, Global Financial Planning & Analysis. Earlier in her career, Ms. Lee held finance-focused roles at Best Buy Co., Inc., PepsiAmericas, Inc., Allianz Life and Price Waterhouse Coopers. Ms. Lee attended the University of St. Thomas in St. Paul, Minnesota, and received cum laude honors while earning a Bachelor of Arts degree in business administration with a focus on accounting.


Denise Paulonis, President and Chief Executive Officer, said, “We are excited to welcome Adrianne to the Company. Adrianne brings deep financial expertise across retail and other consumer-facing industries as well as a strong strategic mindset. Her business acumen makes her a strong addition to our Senior Leadership Team, and her proven talent development capability will be a great asset as she leads our finance function. I look forward to working closely with her to continue to execute our strategy.”


Ms. Lee said, “I am honored to join the Company at such an important point in its journey, with strong brands, clear strategic priorities, and meaningful opportunities ahead. Together with Denise and the rest of the leadership team, we will continue to advance the Company’s growth strategy, maintain disciplined financial execution and help drive long-term value for shareholders.”


Ms. Paulonis added, “On behalf of the Board and Executive Team, I want to thank Marlo for her service and her many positive contributions to the Company over the past six years. We wish her the best in her next chapter.”


The Company is reaffirming its financial guidance for its second quarter and fiscal year 2026, previously provided on February 9, 2026.


About Sally Beauty Holdings, Inc.


Sally Beauty Holdings, Inc. (NYSE: SBH), as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty and Beauty Systems Group segments. Sally Beauty stores offer up to 7,000 products for hair color, hair care, nails, and skin care through proprietary brands such as Ion®, Bondbar®, Strawberry Leopard®, Generic Value Products®, Inspired by Nature® and Silk Elements® as well as professional lines such as Wella®, Clairol®, OPI®, L’Oreal®, Wahl® and Babyliss Pro®. Beauty Systems Group stores, branded as Cosmo Prof® or Armstrong McCall® stores, along with its outside sales consultants, sell up to 8,000 professionally branded products including Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico®, Amika® and Moroccanoil®, intended for use in salons and for resale by salons to retail consumers. For more information about Sally Beauty Holdings, Inc., please visit sallybeautyholdings.com/investor-relations.


Cautionary Notice Regarding Forward-Looking Statements


Statements in this news release that are not purely historical facts or that depend upon future events may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, can be identified by the use of words such as “believes,” “projects,” “expects,” “can,” “may,” “estimates,” “should,” “plans,” “targets,” “intends,” “could,” “will,” “would,” “anticipates,” “potential,” “confident,” “optimistic,” or the negative thereof, or other variations thereon, or comparable terminology, or by discussions of strategy, objectives, estimates, guidance, expectations and future plans. Forward-looking statements can also be identified by the fact that these statements do not relate strictly to historical or current matters.


Readers are cautioned not to place undue reliance on forward-looking statements as such statements speak only as of the date they were made. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including the “Risk Factors” described under Item 1A of our Annual Report on Form 10-K for the fiscal year ended September 30, 2025, and other filings with the U.S. Securities and Exchange Commission. Consequently, all forward-looking statements in this release are qualified by the factors, risks and uncertainties contained therein. We assume no obligation to publicly update or revise any forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260402029089/en/
Jeff Harkins

VP of Investor Relations & Treasurer

jharkins@sallybeauty.com

940-297-4131


Original: Sally Beauty Holdings Appoints Adrianne Lee as Chief Financial Officer

Sally Beauty Expands into Social Commerce with Launch on TikTok ShopMarch 19, 2026 9:02 AM
PR Newswire (US)

The beauty retailer builds on marketplace momentum to meet consumers where discovery and beauty culture collidePLANO, Texas, March 19, 2026 /PRNewswire/ -- Sally Beauty, the industry-leading destination for professional-quality hair color, hair care and nails, is expanding into social commerce with the launch of Sally Beauty on TikTok Shop. The move marks the latest step in the retailer's expanding marketplace strategy and continued focus on discovery-driven shopping experiences.







The launch builds on Sally Beauty's growing success across digital marketplaces and delivery platforms, reflecting how today's beauty consumer discovers, engages with and purchases products. By bringing Sally Beauty to TikTok Shop, the retailer is meeting customers where beauty culture thrives — within creator communities and highly engaging social platforms.Sally Beauty launched on TikTok Shop on March 10, and is continuing to expand its presence, with over a thousand products expected to roll out in the coming weeks. The assortment includes Sally Beauty-exclusive brands such as Beauty Secrets, Beyond the Zone, ion, Proclaim, and Silk Elements, alongside fan-favorite national brands including Sauce Beauty, with Iroiro and Andis planned to join as the assortment evolves."As social media continues to reshape how customers discover and shop for beauty, bringing Sally Beauty to TikTok shop felt like a natural next step," said Chris Kobus, Chief Marketing Officer at Sally Beauty. "We're excited to continue meeting consumers where they are, with the professional-quality products they already trust.""Launching on TikTok Shop reinforces Sally Beauty's broader marketplace momentum," said Jamie Columbus, Vice President of eCommerce at Sally Beauty. "We have seen strong double-digit year-over-year growth across digital channels, including Amazon and delivery marketplaces like Uber Eats, where we recently celebrated one year of partnership, as we continue expanding how customers discover and access our products."TikTok Shop will feature a curated variety of Sally Beauty products, with pricing aligned with SallyBeauty.com, along with select platform-exclusive promotions and participation in TikTok Shop events. Orders placed through TikTok Shop will ship directly from Sally Beauty's distribution centers, with most orders fulfilled same day or next business day via standard FedEx delivery.As the assortment continues to expand, Sally Beauty's presence on TikTok Shop reflects the brand's broader commitment to evolving its commerce ecosystem — bringing professional-quality products into the spaces where beauty culture is discovered, shared and shopped.For more information, visit SallyBeauty.com or discover the brand on TikTok Shop.About Sally Beauty Holdings, Inc.
Sally Beauty Holdings, Inc. (NYSE: SBH), as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty and Beauty Systems Group businesses. Sally Beauty stores offer up to 7,000 products for hair color, hair care, nails, and skin care through proprietary brands such as Ion®, Bondbar®, Strawberry Leopard®, Generic Value Products®, Inspired by Nature® and Silk Elements® as well as professional lines such as Wella®, Clairol®, OPI®, L'Oreal®, Wahl® and Babyliss Pro®. Beauty Systems Group stores, branded as Cosmo Prof® or Armstrong McCall® stores, along with its outside sales consultants, sell up to 8,000 professionally branded products including Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico®, Amika® and Moroccanoil®, intended for use in salons and for resale by salons to retail consumers. For more information about Sally Beauty Holdings, Inc., please visit sallybeautyholdings.com.










View original content to download multimedia:https://www.prnewswire.com/news-releases/sally-beauty-expands-into-social-commerce-with-launch-on-tiktok-shop-302717892.htmlSOURCE Sally Beauty

Original: Sally Beauty Expands into Social Commerce with Launch on TikTok Shop

Sally Beauty Introduces COLORfest: A New Campaign of Self-Expression and Transformation through ColorMarch 9, 2026 9:02 AM
PR Newswire (US)

COLORfest is a month-long celebration of hair and nail color across Sally Beauty stores and online nationwide — headlined by an immersive pop-up experience in Los AngelesPLANO, Texas, March 9, 2026 /PRNewswire/ -- Sally Beauty, the industry-leading destination for professional-quality hair color, hair care, and nails, announces the launch of COLORfest, a month-long celebration of hair and nail color that brings together immersive experiences, expert guidance, and curated product offerings. As part of the campaign, Sally Beauty will debut an immersive, free-to-attend pop-up event on Saturday, Mar. 14 at The Grove in Los Angeles from 10:00 a.m. to 10:00 p.m. PST. The experience invites beauty enthusiasts of all generations and skill levels to discover, learn, and experiment through the power of color.







Recognizing that product discovery and education thrive in hands-on environments, Sally Beauty is bringing COLORfest to life to foster community and confidence through experiential learning. Attendees will have the opportunity to experience a personalized color analysis introducing them to their color season. Sally Experts Gregory Patterson, Monae Everett, and Juli Russell will be available for tailored consultations, showcasing the best hair and nail color shades to complement each assessment. Guests will have the chance to win top-rated products*, receive glam services including glitter spray from Eva NYC, tinsel, or temporary hair color from Strawberry Leopard, create shareable content moments, and enjoy a delicious treat. Guests will also leave with a curated assortment of products valued at $100*, all while discovering new ways to experiment with color.The COLORfest event will spotlight Sally Beauty-exclusive brands and leading national favorites across hair color, hair care and nails, including: Arctic Fox, Good Dye Young, ion, Iroiro, Manic Panic, Strawberry Leopard, Wella, ASP, Beauty Secrets, Dashing Diva, Nailboo, Biotera, bondbar, and Eva NYC.For more than six decades, Sally Beauty has served as a trusted destination for professional-quality products and expertise, and COLORfest builds on that legacy by blending accessibility with education in a way that resonates with modern beauty enthusiasts. Sally Beauty offers free hair color advice through Licensed Colorists onDemand and access to Sally Experts, the experience highlights the brand's mission to empower individuals to define beauty on their own terms. Whether they are first-time at-home colorists or seasoned trendsetters seeking new inspiration, beauty lovers will leave with the confidence to step outside their comfort zones, skip the salon, and embrace bold, creative colors."COLORfest marks the beginning of a bigger evolution for Sally Beauty," said Chris Kobus, Chief Marketing Officer at Sally Beauty. "We're focused on creating meaningful moments that make color more approachable, more inspiring, and more connected to how today's consumers want to learn and shop in-store. It's about showing up for our community in a more dynamic way and reminding them that Sally Beauty is their trusted source for professional-quality color and expertise."Consumers can continue the COLORfest celebration in Sally Beauty stores nationwide and online at SallyBeauty.com, where exclusive offers, educational resources, and expert-backed guidance extend the campaign alongside the event. This campaign debut establishes COLORfest as a priority moment for the brand, with future iterations planned twice-annually as Sally Beauty continues to reimagine beauty retail through immersive education, community connection, and accessible pathways to colorful self-expression.For more information about COLORfest events, visit SallyBeauty.com/Events*While supplies lastPR Contact:
Carolanne Coviello
Creative Media Marketing
carolanne @s2k1m1-8884About Sally Beauty Holdings, Inc.
Sally Beauty Holdings, Inc. (NYSE: SBH), as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty and Beauty Systems Group businesses. Sally Beauty stores offer up to 7,000 products for hair color, hair care, nails, and skin care through proprietary brands such as Ion®, Bondbar®, Strawberry Leopard®, Generic Value Products®, Inspired by Nature® and Silk Elements® as well as professional lines such as Wella®, Clairol®, OPI®, L'Oreal®, Wahl® and Babyliss Pro®. Beauty Systems Group stores, branded as Cosmo Prof® or Armstrong McCall® stores, along with its outside sales consultants, sell up to 8,000 professionally branded products including Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico®, Amika® and Moroccanoil®, intended for use in salons and for resale by salons to retail consumers. For more information about Sally Beauty Holdings, Inc., please visit sallybeautyholdings.com.










View original content to download multimedia:https://www.prnewswire.com/news-releases/sally-beauty-introduces-colorfest-a-new-campaign-of-self-expression-and-transformation-through-color-302707254.htmlSOURCE Sally Beauty

Original: Sally Beauty Introduces COLORfest: A New Campaign of Self-Expression and Transformation through Color

Sally Beauty Expands "Rooted in Success" Campaign with Nationwide HBCU Student ProgrammingFebruary 27, 2026 9:02 AM
PR Newswire (US)

The 13-stop HBCU campus tour brings products, education, and representation directly to studentsPLANO, Texas, Feb. 27, 2026 /PRNewswire/ -- Sally Beauty, the industry-leading destination for professional-quality hair color, hair care and nails, announces the continuation of its Rooted in Success campaign. Launched in 2024, the platform is dedicated to uplifting and celebrating community along with the next generation of beauty. Building on the momentum from the retailer's partnership with Impressions of Beauty in 2025, Sally Beauty is expanding its impact by reaching 13 Historically Black Colleges and Universities (HBCUs) with additional student-focused activities happening through June. This year's Rooted in Success campaign will be further amplified in collaboration with ESSENCE magazine.







Sally Beauty kicked off the HBCU campus tour during Black History Month with stops at Alabama State University, Albany State University, and Virginia State University. The cross-country programming will continue through Women's History Month and beyond and bring professional-quality beauty solutions, education, and community engagement directly to students on campus. Upcoming stops include Lincoln University, Texas Southern University, Coppin State University, Dillard University, Prairie View A&M University, Florida A&M University, Jackson State University, Tuskegee University, Howard University and Southern University. Follow @SallyBeauty on social media for updated dates and timing for the remainder of the tour.Developed in collaboration with Impressions of Beauty, the campus tour will activate trusted student leaders as brand ambassadors, to create authentic, peer-to-peer engagement across each university. The free to attend pop-up events will feature a variety of products to support students' hair and nail journeys from Sally Beauty's owned brands Texture ID and Silk Elements to fan-favorite products from national brands such as Cantu, Camille Rose Naturals, Kaleidoscope, The Doux, Nailboo, and more*. In addition to the campus tour, Sally Beauty will support Impressions of Beauty's AchieveHER Community to continue sparking conversation and driving solution-based product discovery with programming through June."Rooted in Success is more than a campaign — it's a long-term commitment to driving community building in meaningful, tangible ways," said Chris Kobus, Chief Marketing Officer at Sally Beauty. "By meeting students where they are, and partnering with organizations that align with our values, we're continuing to invest in the future of beauty.""At Impressions of Beauty, we believe in equipping the next generation with access — to products that truly work for their hair and personal style, and to experiences that help them feel confident in their journey," shared Ashlee Gomez, Founder & CEO, Impressions of Beauty. "Through Sally Beauty's Rooted in Success platform, we're creating authentic, community-driven moments on HBCU campuses where students can explore, discover new favorites, and engage with brands in a way that feels both meaningful and fun. Partnering together allows us to turn on-campus engagement into confidence-building experiences for students nationwide."To extend the reach of the campaign beyond each campus, Sally Beauty is partnering with ESSENCE magazine, a trusted voice within the Black community, to amplify the message of Rooted in Success. The influential publication will highlight how Sally Beauty is supporting students and emerging leaders across its social media and digital channels.The 2026 Rooted in Success campus tour builds upon Sally Beauty's broader mission to champion education, inclusivity, and entrepreneurship within the textured hair community. In response to evolving consumer needs, Sally Beauty recently refreshed its Sally Beauty-owned Texture ID brand. The new and improved product line features a modernized look and feel, a new logo rooted in personalization, and an optimized product assortment curated to define your curls, coils, and waves. With an elevated focus on inclusivity across all curl types, performance-driven benefits, and authentic storytelling, the refresh reinforces Sally Beauty's commitment to innovation, accessibility, and empowering customers to care for and express their natural texture.Through brand partnerships, community-driven programs, and culturally relevant storytelling, Sally Beauty continues to invest in the next generation of beauty consumers, creators, and leaders.Follow @SallyBeauty on social media to learn more about the upcoming HBCU campus tour details.*While supplies lastAbout Sally Beauty Holdings, Inc.
Sally Beauty Holdings, Inc. (NYSE: SBH), as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty and Beauty Systems Group businesses. Sally Beauty stores offer up to 7,000 products for hair color, hair care, nails, and skin care through proprietary brands such as Ion®, Bondbar®, Strawberry Leopard®, Generic Value Products®, Inspired by Nature® and Silk Elements® as well as professional lines such as Wella®, Clairol®, OPI®, L'Oreal®, Wahl® and Babyliss Pro®. Beauty Systems Group stores, branded as Cosmo Prof® or Armstrong McCall® stores, along with its outside sales consultants, sell up to 8,000 professionally branded products including Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico®, Amika® and Moroccanoil®, intended for use in salons and for resale by salons to retail consumers. For more information about Sally Beauty Holdings, Inc., please visit sallybeautyholdings.com.










View original content to download multimedia:https://www.prnewswire.com/news-releases/sally-beauty-expands-rooted-in-success-campaign-with-nationwide-hbcu-student-programming-302699162.htmlSOURCE Sally Beauty

Original: Sally Beauty Expands "Rooted in Success" Campaign with Nationwide HBCU Student Programming

Sally Beauty Slides After Weak Q2 Outlook Overshadows Q1 BeatFebruary 9, 2026 10:20 AM
IH Market News
Sally Beauty Holdings, Inc. (NYSE:SBH) shares dropped more than 6% in premarket trading on Monday after the company posted better-than-expected first-quarter results but issued second-quarter guidance that fell short of market forecasts.The professional hair color retailer reported first-quarter adjusted earnings of $0.48 per share, ahead of analyst expectations of $0.46. Revenue totaled $943 million, narrowly beating the $939.63 million consensus estimate. Consolidated comparable sales were flat year over year, while consolidated net sales increased 0.6%.Despite the quarterly beat, investor attention centered on the company’s weaker outlook for the second quarter. Sally Beauty expects earnings of $0.39 to $0.42 per share, below the $0.45 consensus, with revenue projected in the range of $895 million to $905 million.“Our first quarter performance marks a strong start to fiscal 2026,” said Denise Paulonis, president and chief executive officer. “We achieved top line results that met our expectations, maintained healthy gross margins and delivered adjusted EPS growth of 12% – consistent with our long-term financial algorithm.”During the quarter, adjusted gross margin expanded by 50 basis points to 51.3%, and the company generated $93 million in operating cash flow. E-commerce sales reached $111 million, accounting for 11.7% of net sales.For the full fiscal year 2026, Sally Beauty lifted the lower end of its earnings guidance to $2.02 to $2.10 per share, while keeping its revenue outlook unchanged at $3.71 billion to $3.77 billion.The company also continued executing its capital allocation strategy, repaying $20 million of term loan debt and repurchasing 1.4 million shares for a total of $21 million. At quarter-end, Sally Beauty reported a net debt leverage ratio of 1.5x and cash and cash equivalents of $157 million.Sally Beauty Holdings stock price

Original: Sally Beauty Slides After Weak Q2 Outlook Overshadows Q1 Beat

Sally Beauty Holdings Reports First Quarter Fiscal 2026 ResultsFebruary 9, 2026 6:45 AM
Business Wire

Q1 Consolidated Net Sales Increased 0.6%; Consolidated Comparable Sales Flat



Q1 GAAP Diluted EPS Decreased 22%; Adjusted Diluted EPS Increased 12%



Q1 Cash Flow from Operations of $93 Million Deployed to Invest for Growth, Strengthen Balance Sheet and Return Value to Shareholders



Company Raises Low End of Fiscal 2026 EPS Guidance



Sally Beauty Holdings, Inc. (NYSE: SBH) (the “Company”), the leader in professional hair color, today announced financial results for its first quarter ended December 31, 2025. The Company will hold a conference call today at 7:30 a.m. Central Time to discuss these results and its business.


“Our first quarter performance marks a strong start to fiscal 2026,” said Denise Paulonis, president and chief executive officer. “We achieved top line results that met our expectations, maintained healthy gross margins and delivered adjusted EPS growth of 12% - consistent with our long-term financial algorithm. Our robust cash flow from operations enabled us to invest for growth, reduce debt and return value to shareholders. We also made continued progress on our strategic initiatives designed to accelerate growth and increase profitability.”


Fiscal 2026 First Quarter Summary



Consolidated net sales of $943 million, an increase of 0.6% compared to the prior year;



Consolidated comparable sales were flat;



Global e-commerce sales of $111 million, representing 11.7% of net sales;



GAAP gross margin expansion of 40 basis points to 51.2%;



Adjusted Gross Margin expansion of 50 basis points to 51.3%;



GAAP selling, general and administrative expenses of $407 million, an increase of $31 million compared to the prior year;



Adjusted Selling, General and Administrative Expenses of $404 million, an increase of $6 million compared to the prior year;



GAAP operating earnings of $76 million and GAAP operating margin of 8.1%;



Adjusted Operating Earnings of $80 million and Adjusted Operating Margin of 8.5%;



GAAP diluted net earnings per share of $0.45, a decrease of 22% compared to the prior year;



Adjusted Diluted Net Earnings Per Share of $0.48, an increase of 12% compared to the prior year;



Cash flow from operations of $93 million and Free Cash Flow of $57 million; and



Completed $20 million in term loan repayment and $21 million in share repurchases.



Balance Sheet and Cash Flow


As of December 31, 2025, the Company had cash and cash equivalents of $157 million and no outstanding borrowings under its asset-based revolving line of credit. At fiscal year-end, inventory was $979 million, down 2.7% versus a year ago.


First quarter cash flow from operations was $93 million and Free Cash Flow totaled $57 million. During the first quarter, the Company utilized its cash flow to repay $20 million of term loan B debt and repurchase 1.4 million shares under its share repurchase program at an aggregate cost of $21 million. The Company ended the first quarter with a net debt leverage ratio of 1.5x.


Fiscal 2026 First Quarter Segment Results





Sally Beauty

Beauty Systems Group


(In thousands, except percentages)

Q1 FY26
Q1 FY25
Growth/(Decline)

Q1 FY26
Q1 FY25
Growth/(Decline)


Net Sales


$






531,601






 






$






525,446






 






1.2






%







$






411,567






 






$






412,449






 






(0.2






)%







Comparable Sales Growth/(Decline)

 






0.1






%






 






1.7






%





(160) bps


 






(0.2






)%






 






1.4






%





(160) bps


Gross Margin


 






59.8






%






 






59.6






%





20 bps


 






40.2






%






 






39.7






%





50 bps


Operating Earnings


$






77,897






 






$






79,874






 






(2.5






)%







$






53,907






 






$






50,469






 






6.8






%







Operating Margin


 






14.7






%






 






15.2






%





(50) bps


 






13.1






%






 






12.2






%





90 bps










 


Fiscal Year 2026 Guidance*



Second Quarter



Consolidated Net Sales

$895 million to $905 million (1)







Comparable Sales

Up 0.5% to 1.5%







Adjusted Operating Earnings

$68 million to $71 million







Adjusted Diluted EPS

$0.39 to $0.42







(1) Assumes approximately 100 basis points of favorable impact from expected foreign currency rates



Full Year
Prior FY26 Guidance
Updated FY26 Guidance


Consolidated Net Sales
$3.71 billion to $3.77 billion (1)
No change


Comparable Sales
Flat to up 1%
No change


Adjusted Operating Earnings
$328 million to $342 million
No change


Adjusted Diluted EPS
$2.00 to $2.10 (2)
$2.02 to $2.10 (2)


Capital Expenditures
Approximately $100 million
No change


Free Cash Flow
Approximately $200 million
No change


(1) Assumes approximately 50 basis points of favorable impact from expected foreign currency rates


(2) Assumes 50% of Free Cash Flow goes towards share repurchases (Free Cash Flow defined as GAAP cash flows from operating activities less payments for capital expenditures)




*






The Company does not provide a reconciliation for forward-looking non-GAAP financial measures where it is unable to provide a meaningful or accurate calculation or estimation of its reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the occurrence and the financial impact of various items that have not yet occurred, are out of the Company’s control or cannot be reasonably predicted. For the same reasons, the Company is unable to address the probable significance of the unavailable information. Forward-looking non-GAAP financial measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures.







Conference Call and Where You Can Find Additional Information


The Company will hold a conference call and live webcast at approximately 7:30 a.m. Central Time today, February 9, 2026, to discuss its financial results and its business. During the conference call, the Company may discuss and answer one or more questions concerning business and financial matters and trends affecting the Company. The Company’s responses to these questions, as well as other matters discussed during the conference call, may contain or constitute material information that has not been previously disclosed.


Participants can listen to the live webcast of the conference call by accessing the investor relations section of the Company’s website at sallybeautyholdings.com/investor-relations/events-and-presentations/events-calendar, or through our third-party host at SBH Q1 Earnings Webcast. To join the conference call, participants can pre-register to receive a dial-in number and unique PIN using the following link: Pre-register SBH Q1 Earnings Call. Pre-registration can be completed at any time up to and following the call start time.


A replay will be available on the Company’s investor relations website after 10:00 a.m. Central Time on February 9, 2026, through February 9, 2027.


About Sally Beauty Holdings, Inc.


Sally Beauty Holdings, Inc. (NYSE: SBH), as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty and Beauty Systems Group segments. Sally Beauty stores offer up to 7,000 products for hair color, hair care, nails, and skin care through proprietary brands such as Ion®, Bondbar®, Strawberry Leopard®, Generic Value Products®, Inspired by Nature® and Silk Elements® as well as professional lines such as Wella®, Clairol®, OPI®, L’Oreal®, Wahl® and Babyliss Pro®. Beauty Systems Group stores, branded as Cosmo Prof® or Armstrong McCall® stores, along with its outside sales consultants, sell up to 8,000 professionally branded products including Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico®, Amika® and Moroccanoil®, intended for use in salons and for resale by salons to retail consumers. For more information about Sally Beauty Holdings, Inc., please visit sallybeautyholdings.com/investor-relations.


Cautionary Notice Regarding Forward-Looking Statements


Statements in this news release and the schedules hereto that are not purely historical facts or that depend upon future events may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, can be identified by the use of words such as “believes,” “projects,” “expects,” “can,” “may,” “estimates,” “should,” “plans,” “targets,” “intends,” “could,” “will,” “would,” “anticipates,” “potential,” “confident,” “optimistic,” or the negative thereof, or other variations thereon, or comparable terminology, or by discussions of strategy, objectives, estimates, guidance, expectations and future plans. Forward-looking statements can also be identified by the fact that these statements do not relate strictly to historical or current matters.


Readers are cautioned not to place undue reliance on forward-looking statements as such statements speak only as of the date they were made. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including the “Risk Factors” described under Item 1A of our Annual Report on Form 10-K for the fiscal year ended September 30, 2025, and other filings with the U.S. Securities and Exchange Commission. Consequently, all forward-looking statements in this release are qualified by the factors, risks and uncertainties contained therein. We assume no obligation to publicly update or revise any forward-looking statements.


Use of Non-GAAP Financial Measures


This news release and the schedules hereto include the following financial measures that have not been calculated in accordance with accounting principles generally accepted in the United States, (“GAAP”), and are therefore referred to as non-GAAP financial measures: (1) Adjusted Gross Margin; (2) Adjusted Selling, General and Administrative Expenses; (3) Adjusted EBITDA and EBITDA Margin; (4) Adjusted Operating Earnings and Operating Margin; (5) Adjusted Net Earnings; (6) Adjusted Diluted Net Earnings Per Share; and (7) Free Cash Flow. We have provided definitions below for these non-GAAP financial measures and have provided tables in the schedules hereto to reconcile these non-GAAP financial measures to the comparable GAAP financial measures.


Adjusted Gross Margin – We define the measure Adjusted Gross Margin as GAAP gross margin excluding the inventory write-off from the Company’s European operations in connection with the fuel for growth initiative for the relevant time periods as indicated in the accompanying non-GAAP reconciliations to the comparable GAAP financial measures.


Adjusted Selling, General and Administrative Expenses – We define the measure Adjusted Selling, General and Administrative Expenses as GAAP selling, general and administrative expenses excluding the costs related to the Company’s fuel for growth initiative and expenses related to the Company’s corporate headquarters relocation for the relevant time periods as indicated in the accompanying non-GAAP reconciliations to the comparable GAAP financial measures.


Adjusted EBITDA and EBITDA Margin – We define the measure Adjusted EBITDA as GAAP net earnings before depreciation and amortization, interest expense, income taxes, share-based compensation, costs related to the Company’s fuel for growth initiative and expenses related to the Company’s corporate headquarters relocation for the relevant time periods as indicated in the accompanying non-GAAP reconciliations to the comparable GAAP financial measures. Adjusted EBITDA Margin is Adjusted EBITDA as a percentage of net sales.


Adjusted Operating Earnings and Operating Margin – Adjusted operating earnings are GAAP operating earnings that exclude the costs related to the Company’s fuel for growth initiative and expenses related to the Company’s corporate headquarters relocation for the relevant time periods as indicated in the accompanying non-GAAP reconciliations to the comparable GAAP financial measures. Adjusted Operating Margin is Adjusted Operating Earnings as a percentage of net sales.


Adjusted Net Earnings – Adjusted net earnings is GAAP net earnings that exclude the tax-effected costs related to the Company’s fuel for growth initiative and tax-effected expenses related to the Company’s corporate headquarters relocation for the relevant time periods as indicated in the accompanying non-GAAP reconciliations to the comparable GAAP financial measures.


Adjusted Diluted Net Earnings Per Share – Adjusted diluted net earnings per share is GAAP diluted earnings per share that exclude the tax-effected costs related to the Company’s fuel for growth initiative and tax-effected expenses related to the Company’s corporate headquarters relocation for the relevant time periods as indicated in the accompanying non-GAAP reconciliations to the comparable GAAP financial measures.


Free Cash Flow – We define the measure Free Cash Flow as GAAP net cash provided by operating activities less payments for capital expenditures (net). We believe Free Cash Flow is an important liquidity measure that provides useful information to investors about the amount of cash generated from operations after taking into account payments for capital expenditures (net).


We believe that these non-GAAP financial measures provide valuable information regarding our earnings and business trends by excluding specific items that we believe are not indicative of the ongoing operating results of our businesses, providing a useful way for investors to make a comparison of our performance over time and against other companies in our industry.


We have provided these non-GAAP financial measures as supplemental information to our GAAP financial measures and believe these non-GAAP measures provide investors with additional meaningful financial information regarding our operating performance and cash flows. Our management and Board of Directors also use these non-GAAP measures as supplemental measures to evaluate our businesses and the performance of management, including the determination of performance-based compensation, to make operating and strategic decisions, and to allocate financial resources. We believe that these non-GAAP measures also provide meaningful information for investors and securities analysts to evaluate our historical and prospective financial performance. These non-GAAP measures should not be considered a substitute for or superior to GAAP results. Furthermore, the non-GAAP measures presented by us may not be comparable to similarly titled measures of other companies.




Supplemental Schedules








Segment Information






1








Non-GAAP Financial Measures Reconciliations






2








Non-GAAP Financial Measures Reconciliations; Adjusted EBITDA and






 








Free Cash Flow






3








Store Count and Comparable Sales






4












 


SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES


Condensed Consolidated Statements of Earnings


(In thousands, except per share data)


(Unaudited)






 



 



Three Months Ended December 31,




 






2025






 







 






2024






 





Percentage Change






 


Net sales

$






943,168






 







$






937,895






 






0.6






%







Cost of products sold

 






459,909






 







 






461,055






 






(0.2






)%







Gross profit

 






483,259






 







 






476,840






 






1.3






%







Selling, general and administrative expenses

 






407,324






 







 






376,520






 






8.2






%







Operating earnings

 






75,935






 







 






100,320






 






(24.3






)%







Interest expense

 






14,620






 







 






17,442






 






(16.2






)%







Earnings before provision for income taxes

 






61,315






 







 






82,878






 






(26.0






)%







Provision for income taxes

 






15,758






 







 






21,865






 






(27.9






)%







Net earnings

$






45,557






 







$






61,013






 






(25.3






)%











 


Earnings per share:






Basic

$






0.47






 







$






0.60






 






(21.7






)%







Diluted

$






0.45






 







$






0.58






 






(22.4






)%











 


Weighted average shares:






Basic

 






97,804






 







 






102,021






 








Diluted

 






100,765






 







 






104,974






 












Basis Point Change


Comparison as a percentage of net sales






Consolidated gross margin

 






51.2






%







 






50.8






%






40






 







Selling, general and administrative expenses

 






43.2






%







 






40.1






%






310






 







Consolidated operating margin

 






8.1






%







 






10.7






%






(260






)











 


Effective tax rate

 






25.7






%







 






26.4






%






(70






)











 






 



SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES








Condensed Consolidated Balance Sheets








(In thousands)








(Unaudited)








 






 






 






 








 






December 31






 






September 30








 






2025






 






2025










 


Cash and cash equivalents

$






157,185







$






149,162







Trade and other accounts receivable

 






104,267







 






116,562







Inventory

 






978,789







 






987,575







Other current assets

 






45,444







 






48,154







Total current assets

 






1,285,685







 






1,301,453







Property and equipment, net

 






280,350







 






284,284







Operating lease assets

 






642,276







 






646,698







Goodwill and other intangible assets

 






593,929







 






593,692







Other assets

 






48,538







 






44,969







Total assets

$






2,850,778







$






2,871,096










 


Current maturities of long-term debt

$






4,000







$






4,000







Accounts payable

 






208,481







 






224,507







Accrued liabilities

 






158,576







 






184,641







Current operating lease liabilities

 






157,102







 






158,566







Income taxes payable

 






14,011







 






4,260







Total current liabilities

 






542,170







 






575,974







Long-term debt, including capital leases

 






842,531







 






861,974







Long-term operating lease liabilities

 






537,594







 






538,426







Other liabilities

 






21,985







 






21,026







Deferred income tax liabilities, net

 






82,933







 






79,489







Total liabilities

 






2,027,213







 






2,076,889







Total stockholders’ equity

 






823,565







 






794,207







Total liabilities and stockholders’ equity

$






2,850,778







$






2,871,096










 






 





Supplemental Schedule 1


SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES


Segment Information


(In thousands)


(Unaudited)






 



 



Three Months Ended December 31,




 






2025






 






 






 






2024






 






Percentage

Change







Net sales:






Sally Beauty Supply ("Sally")

$






531,601






 







$






525,446






 






1.2






%







Beauty Systems Group ("BSG")

 






411,567






 







 






412,449






 






(0.2






)%







Total net sales

$






943,168






 







$






937,895






 






0.6






%











 


Operating earnings:






Sally

$






77,897






 







$






79,874






 






(2.5






)%







BSG

 






53,907






 







 






50,469






 






6.8






%







Segment operating earnings

 






131,804






 







 






130,343






 






1.1






%











 


Unallocated expenses (1)

 






55,869






 







 






30,023






 






86.1






%







Interest expense

 






14,620






 







 






17,442






 






(16.2






)%







Earnings before provision for income taxes

$






61,315






 







$






82,878






 






(26.0






)%











 






 


Segment gross margin:

 






2025






 







 






2024






 





Basis Point Change


Sally

 






59.8






%







 






59.6






%






20






 







BSG

 






40.2






%







 






39.7






%






50






 











 


Segment operating margin:






Sally

 






14.7






%







 






15.2






%






(50






)







BSG

 






13.1






%







 






12.2






%






90






 







Consolidated operating margin

 






8.1






%







 






10.7






%






(260






)











 






 


(1) Unallocated expenses, including share-based compensation expense, consist of corporate and shared costs and are included in selling, general and administrative expenses. Additionally, unallocated expenses include costs associated with our Fuel for Growth initiative and a gain from the sale of our corporate headquarters during the three months ended December 31, 2024.






 








 







Supplemental Schedule 2


SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES


Non-GAAP Financial Measures Reconciliations


(In thousands, except per share data)


(Unaudited)









 









 



Three Months Ended December 31, 2025



As Reported
(GAAP)

Fuel for Growth and Other (1)

Corporate HQ
Relocation (2)

As Adjusted
(Non-GAAP)









 


Cost of products sold

$






459,909






 







$






(907






)







$






—






 







$






459,002








Consolidated gross margin

 






51.2






%











 






51.3






%







Selling, general and administrative expenses

 






407,324






 







 






(1,180






)







 






(1,833






)







 






404,311








SG&A expenses, as a percentage of sales

 






43.2






%











 






42.9






%







Operating earnings

 






75,935






 







 






2,087






 







 






1,833






 







 






79,855








Operating margin

 






8.1






%











 






8.5






%







Interest expense

 






14,620






 







 






—






 







 






—






 







 






14,620






 







Earnings before provision for income taxes

 






61,315






 







 






2,087






 







 






1,833






 







 






65,235






 







Provision for income taxes (3)

 






15,758






 







 






529






 







 






471






 







 






16,758






 







Net earnings

$






45,557






 







$






1,558






 







$






1,362






 







$






48,477






 














 


Earnings per share: (4)









Basic

$






0.47






 







$






0.02






 







$






0.01






 







$






0.50






 







Diluted

$






0.45






 







$






0.02






 







$






0.01






 







$






0.48






 














 



Three Months Ended December 31, 2024



As Reported
(GAAP)

Fuel for Growth and Other (1)

Corporate HQ
Relocation (2)

As Adjusted
(Non-GAAP)









 


Cost of products sold

$






461,055






 







$






—






 







$






—






 







$






461,055








Consolidated gross margin

 






50.8






%











 






50.8






%







Selling, general and administrative expenses

 






376,520






 







 






(4,869






)







 






26,640






 







 






398,291








SG&A expenses, as a percentage of sales

 






40.1






%











 






42.5






%







Operating earnings

 






100,320






 







 






4,869






 







 






(26,640






)







 






78,549








Operating margin

 






10.7






%











 






8.4






%







Interest expense

 






17,442






 







 






—






 







 






—






 







 






17,442






 







Earnings before provision for income taxes

 






82,878






 







 






4,869






 







 






(26,640






)







 






61,107






 







Provision for income taxes (3)

 






21,865






 







 






1,247






 







 






(6,851






)







 






16,261






 







Net earnings

$






61,013






 







$






3,622






 







$






(19,789






)







$






44,846






 














 


Earnings per share: (4)









Basic

$






0.60






 







$






0.04






 







$






(0.19






)







$






0.44






 







Diluted

$






0.58






 







$






0.03






 







$






(0.19






)







$






0.43






 














 


(1) Fuel for Growth and other represents expenses primarily related expenses associated with our Fuel for Growth program and other non-recurring items.









 


(2) For the three months ended December 31, 2025, corporate HQ relocation primarily represents duplicate rent expense on the new office prior to our relocation from our Denton corporate headquarters and expenses in connection with the relocation of our headquarters. For the three months ended December 31, 2024, corporate HQ relocation primarily represents the gain on the sale of our Denton corporate headquarters and certain assets within.









 


(3) The provision for income taxes was calculated using the applicable tax rates for each country, while excluding the tax benefits for countries where the tax benefit is not currently deemed probable of being realized.



 


(4) The sum of the earnings per share may not equal the full amount due to rounding of the calculated amounts.









 





Supplemental Schedule 3






 


SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES


Non-GAAP Financial Measures Reconciliations, Continued


(In thousands)


(Unaudited)






 



 



Three Months Ended December 31,


Adjusted EBITDA:

 






2025






 






 






 






2024






 






Percentage

Change











 


Net earnings

$






45,557






 







$






61,013






 






(25.3






)%







Add:






Depreciation and amortization

 






23,632






 







 






25,565






 






(7.6






)%







Interest expense

 






14,620






 







 






17,442






 






(16.2






)%







Provision for income taxes

 






15,758






 







 






21,865






 






(27.9






)%







EBITDA (non-GAAP)

 






99,567






 







 






125,885






 






(20.9






)%







Share-based compensation

 






7,555






 







 






6,053






 






24.8






%







Fuel for Growth and Other

 






2,087






 







 






4,869






 






(57.1






)%







Corporate HQ Relocation

 






1,833






 







 






(26,640






)






106.9






%







Adjusted EBITDA (non-GAAP)

$






111,042






 







$






110,167






 






0.8






%











 






Basis Point
Change


Adjusted EBITDA as a percentage of net sales






Adjusted EBITDA margin

 






11.8






%







 






11.7






%






10






 











 






 


Free Cash Flow:

 






2025






 






 






 






2024






 





Percentage Change


Cash flows from operating activities

$






93,239






 







$






33,459






 






178.7






%











 


Less:Payments for capital expenditures

 






35,784






 







 






20,078






 






78.2






%







Plus:Proceeds from sales of property and equipment (1)

 






—






 







 






43,574






 






—






 







Free cash flow (non-GAAP)

$






57,455






 







$






56,955






 






0.9






%











 


(1) Represents the proceeds from the sale of our corporate headquarters.





Supplemental Schedule 4







 


SALLY BEAUTY HOLDINGS, INC. AND SUBSIDIARIES


Store Count and Comparable Sales


(Unaudited)







 







 



As of December 31,




2025






 






2024






Change







 


Number of stores:







Sally

3,090






 







3,123






 







(33






)







BSG:







Company-operated stores

1,194






 







1,199






 







(5






)







Franchise stores

131






 







131






 







—






 







Total BSG

1,325






 







1,330






 







(5






)







Total consolidated

4,415






 







4,453






 







(38






)












 


Number of BSG salon business consultants (1)

590






 







639






 







(49






)












 


(1) BSG salon business consultants (SBC) include 182 and 191 sales consultants employed by our franchisees at December 31, 2025 and 2024, respectively.



Three Months Ended December 31,




2025







2024






Basis Point
Change


Comparable sales growth (decline):







Sally

0.1






%







1.7






%







(160






)







BSG

(0.2






)%







1.4






%







(160






)







Consolidated

0.0






%







1.6






%







(160






)












 







 


Our comparable sales include sales from stores that have been operating for 14 months or longer as of the last day of a month and e-commerce revenue. Additionally, our comparable sales include sales to franchisees and full-service sales. Our comparable sales amounts exclude the effect of changes in foreign exchange rates and sales from stores relocated until 14 months after the relocation. Revenue from acquired stores is excluded from our comparable sales calculation until 14 months after the acquisition.


 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260209107164/en/
Jeff Harkins

Investor Relations

940-297-4131

jharkins@sallybeauty.com


 


Original: Sally Beauty Holdings Reports First Quarter Fiscal 2026 Results