4 - Sally Beauty Holdings, Inc. (0001368458) (Issuer)

Piper Sandler analyst Korinne Wolfmeyer maintains Sally Beauty Holdings (NYSE:SBH) with a Overweight and lowers the price target from $14 to $13.

On Tuesday, Maplebear Inc. (NASDAQ:CART), popularly known as Instacart, inked a pact with Sally Beauty Holdings, Inc. (NYSE:SBH). The companies announced a nationwide partnership to offer same-day delivery in as fast as an hour from more than 2,200 Sally Beauty store locations across the country. “This partnership not only enhances Sally Beauty’s e-commerce capabilities but also addresses the growing demand for quick delivery of everyday beauty products, ensuring customers can receive their essentials when they need them,” said Blake Wallace, Senior Director of Retail Partnerships at Instacart. According to Benzinga Pro, CART stock has gained 34% in the last six months. Investors ca

Leading beauty retailer now offers same-day delivery in as fast as an hour via InstacartSAN FRANCISCO and DENTON, Texas, June 18, 2024 /PRNewswire/ -- Sally Beauty, the leading professional hair color and care retailer under Sally Beauty Holdings, Inc. (NYSE:SBH), and Instacart (NASDAQ:CART), the leading grocery technology company in North America, today announced a nationwide partnership to offer same-day delivery in as fast as an hour from more than 2,200 Sally Beauty store locations across the country. Customers can now select from over 7,000 products, including hair color, hair care products, and items for skin and nails from proprietary brands, delivered directly to their doorstep.

The Company is updating its full year guidance by adjusting its full year operating margin outlook to reflect the Company's second quarter results, as follows: The Company continues to expect net sales and comparable sales to be approximately flat compared to the prior year; Gross Margin is now expected to be in the range of 50.5% to 51.0%; Adjusted Operating Margin is now expected to be approximately 8.5%; Operating Cash Flow is now expected to be approximately $240 million; and Capital expenditures are expected to be approximately $100 million.

Sally Beauty Holdings (NYSE:SBH) reported quarterly earnings of $0.35 per share which missed the analyst consensus estimate of $0.40 by 12.5 percent. This is a 14.63 percent decrease over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $908.36 million which missed the analyst consensus estimate of $910.76 million by 0.26 percent. This is a 1.13 percent decrease over sales of $918.71 million the same period last year.

TD Cowen analyst Oliver Chen maintains Sally Beauty Holdings (NYSE:SBH) with a Hold and lowers the price target from $13 to $11.

Commerce platform DoorDash Inc (NASDAQ:DASH) has entered into new partnerships with Sally Beauty Holdings Inc (NYSE:SBH) and M·A·C Cosmetics and an expanded offering with Sephora. With the facility, consumers can get an array of beauty, hair, make-up and nail essentials delivered on-demand in under an hour. Since launching beauty on-demand in 2021, DoorDash has added more than 400,000 beauty and personal care products. “We see consumers ordering from retail categories more than ever before and trying out new categories earlier in their DoorDash journey,” said Shanna Prevé, Vice President, Partnerships at DoorDash. Consumers can access all their beauty needs from over 2,000 Sally

Q4 Consolidated Net Sales Increased 1.5% and Consolidated Comparable Sales Increased 2.0% Q4 GAAP Operating Margin Expanded 50 Basis Points to 8.8%, and Adjusted Operating Margin Expanded 80 Basis Points to 9.4% Strong Q4 Cash Flow from Operations of $111 Million Utilized to Repay Outstanding Balance of $45 Million on ABL Credit Facility and Fund $10 Million in Share Repurchases Beauty Systems Group Acquires Professional Beauty Distributor in Florida Company Provides Fiscal 2025 Guidance Sally Beauty Holdings, Inc. (NYSE:SBH) ("the Company"), the leader in professional hair color, today announced financial results for its fourth quarter and full year ended September 30, 2024

Virtual Annual Meeting of Stockholders Scheduled for January 24, 2025 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 November 14, 2024, at 7:30 a.m. Central Time to discuss its fourth quarter and full year financial results. A copy of the press release announcing the fourth quarter and full year financial results is expected to be made available before the U.S. financial markets open on November 14, 2024, on the Company's website sallybeautyholdings.com/investor-relations. The earnings conference call and webcast will follow at 7:30 a.m. Central Time. This conference call an

The ion Luxe 8-In-1 Airstyler Pro Revolutionizes Hairstyling With an All-In-One Tool for Everyone. DENTON, Texas, Oct. 24, 2024 /PRNewswire/ -- Sally Beauty, the industry-leading destination for professional quality hair color and care, unveils the latest styling tool to join ion's award-winning line-up. The ion Luxe 8-In-1 Airstyler Pro transforms the hairstyling experience, enabling consumers to gently style their hair with air to minimize damage from heat. This new tool offers consumers the same negative ion technology as the ion Luxe 4-In-1 Autowrap™ Airstyler, which went viral across social media. Backed by a strong reputation for innovation and value, ion is Sally Beauty's largest own

Infosys Topaz will deliver accelerated business value from AI and future-proof the business BENGALURU, India and DENTON, Texas, Sept. 26, 2024 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced its strategic collaboration with Sally Beauty Holdings, Inc. (SBH), an American international specialty beauty retailer and distributor of professional beauty supplies. Driving enterprise-scale IT transformation, Infosys will implement best practices in IT operations to bring efficiencies through the optimization of IT service delivery. Scott Lindblom, CIO, Sally Beauty, said, "We are excited to be collabo

The leading beauty retailer is partnering with a Miami-based Latin American artist and US Latinx Art Forum to celebrate and uplift Hispanic artists nationwide. DENTON, Texas, Sept. 24, 2024 /PRNewswire/ -- Sally Beauty, the industry-leading destination for hair color and care, is proud to announce its latest initiative in the Rooted in Success event series. Over the past year, the leading beauty retailer has connected with consumers nationwide through community-driven events celebrating self-expression while fostering a more colorful, confident, and welcoming world. In October, Sally Beauty will continue this mission by kicking off programming focused on Hispanic heritage across Miami.

Q3 Consolidated Comparable Sales Increased 1.5% Generated Q3 Cash Flow from Operations of $48 Million Executed $10 Million in Share Repurchases Maintains Full Year Fiscal 2024 Guidance Sally Beauty Holdings, Inc. (NYSE:SBH) ("the Company"), the leader in professional hair color, today announced financial results for its third quarter ended June 30, 2024. The Company will hold a conference call today at 7:30 a.m. Central Time to discuss these results and its business. Fiscal 2024 Third Quarter Summary Consolidated net sales of $942 million, an increase of 1.2% compared to the prior year; Consolidated comparable sales increase of 1.5%; Beauty Systems Group reported thi

Co-developed with Sally Beauty, Freewill's customizable, salon-quality products harness the power of hair cycling, giving you your best hair yet Underlining, leading beauty brand developer, announced today the launch of Freewill, a salon-quality, customizable haircare brand crafted for hair cycling. The collection, co-developed with Sally Beauty, the leader in professional hair color and care, is designed to support every hair type, at every stage, encouraging rotation through tailored routines. Covering all categories including Scalp & Detox, Volume Boost, Smooth & Sleek, Restorative Repair, Curls & Coils, Color Care, and Blonde Care, Freewill features 32 products that are ‘Mindful At Sa

Sally Beauty Holdings, Inc. (NYSE:SBH) ("the Company"), the leader in professional hair color, today announced that it will host a conference call and webcast on August 8, 2024, at 7:30 a.m. Central Time to discuss third quarter financial results. A copy of the press release announcing the third quarter financial results is expected to be made available before the U.S. financial markets open on August 8, 2024, on the Company's website sallybeautyholdings.com/investor-relations. The earnings conference call and webcast will follow at 7:30 a.m. Central Time. This conference call and live webcast, which may include discussion of the Company's strategy, financial results and expectations, a

Stylists can unlock the artistry of balayage brilliance, perfect lived-in and beachy tones, and master the coveted money piece at Cosmo Prof's Iconic Blonde Virtual Event. Stylists can register now to learn the latest blonding techniques at the Second Annual Iconic Blonde Virtual Event DENTON, Texas, July 1, 2024 /PRNewswire/ -- Cosmo Prof®, the premier distributor of professional salon products and education, proudly unveils the return of its highly anticipated virtual event, the second annual Iconic Blonde, set for July 14, 2024, from 9:00 a.m. to 5:00 p.m. CT. Building on the success of last year's inaugural event, this year's gathering promises to deliver unparalleled education, inspirat

Leading beauty retailer now offers same-day delivery in as fast as an hour via Instacart SAN FRANCISCO and DENTON, Texas, June 18, 2024 /PRNewswire/ -- Sally Beauty, the leading professional hair color and care retailer under Sally Beauty Holdings, Inc. (NYSE:SBH), and Instacart (NASDAQ:CART), the leading grocery technology company in North America, today announced a nationwide partnership to offer same-day delivery in as fast as an hour from more than 2,200 Sally Beauty store locations across the country. Customers can now select from over 7,000 products, including hair color, hair care products, and items for skin and nails from proprietary brands, delivered directly to their doorstep.

The ion Luxe 8-In-1 Airstyler Pro Revolutionizes Hairstyling With an All-In-One Tool for Everyone. DENTON, Texas, Oct. 24, 2024 /PRNewswire/ -- Sally Beauty, the industry-leading destination for professional quality hair color and care, unveils the latest styling tool to join ion's award-winning line-up. The ion Luxe 8-In-1 Airstyler Pro transforms the hairstyling experience, enabling consumers to gently style their hair with air to minimize damage from heat. This new tool offers consumers the same negative ion technology as the ion Luxe 4-In-1 Autowrap™ Airstyler, which went viral across social media. Backed by a strong reputation for innovation and value, ion is Sally Beauty's largest own

Co-developed with Sally Beauty, Freewill's customizable, salon-quality products harness the power of hair cycling, giving you your best hair yet Underlining, leading beauty brand developer, announced today the launch of Freewill, a salon-quality, customizable haircare brand crafted for hair cycling. The collection, co-developed with Sally Beauty, the leader in professional hair color and care, is designed to support every hair type, at every stage, encouraging rotation through tailored routines. Covering all categories including Scalp & Detox, Volume Boost, Smooth & Sleek, Restorative Repair, Curls & Coils, Color Care, and Blonde Care, Freewill features 32 products that are ‘Mindful At Sa

National Survey Finds 53% of Women Color Their Hair to Boost Their Mood Salon Grade Color with Clean Ingredients Lands at Sally Beauty DARIEN, Conn., March 19, 2024 /PRNewswire/ -- Better Natured®, a vegan at-home hair color and hair care brand, is declaring the first day of Spring as National Hair Color Day with new findings on the power of hair color among U.S. women – hint, blondes, brunettes and gingers get a color boost. The research arrives just in time to welcome the season ahead, known for its vibrant colors, and as the brand celebrates its launch at Sally Beauty stores nationwide and at www.sallybeauty.com.

DoorDash has more retail stores than any other marketplace in North America, with over 150K non-restaurant stores across our Marketplace and Platform Services DoorDash (NASDAQ:DASH), the local commerce platform, today announced new partnerships with Sally Beauty and M·A·C Cosmetics and an expanded offering with Sephora. Consumers can now get a vast array of beauty, hair, make-up, and nail essentials delivered on-demand, in under an hour,* directly to their door. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240318359119/en/DoorDash Increases Its On-Demand Beauty Selection with Sally Beauty and M·A·C Cosmetics (Photo: Business

Robert McMaster to Step Down as Board Chair at the End of his Current Term with his Retirement as Director Diana Ferguson, Current Independent Director and Chair of the Compensation and Talent Committee, to Become Board Chair Sally Beauty Holdings, Inc. (NYSE:SBH) (the "Company") today announced an upcoming change in its Board of Directors as part of a planned leadership transition. Robert ("Bob") McMaster, in connection with his plans to retire as a Director, is not standing for re-election and will step down as Chair of the Board at the conclusion of the Company's Annual Meeting of Shareholders on January 26, 2023. Diana Ferguson, current Independent Director, has been tapped by the Boa

Appointments of Rachel Bishop, Jeffrey Boyer and Chip Molloy Enhance Board's Expertise in Retail Operations, Strategy and Finance Sally Beauty Holdings, Inc. (NYSE:SBH) today announced the appointment of Rachel R. Bishop, Ph.D., President, Hefty Tableware at Reynolds Consumer Products; Jeffrey Boyer, Chief Operating Officer of Fossil Group; and Lawrence "Chip" Molloy, Chief Financial Officer of Sprouts Farmers Market, to its Board of Directors, effective immediately. With these appointments, Sally Beauty Holdings' Board is now 46% women and 8% racially/ethnically diverse, and 69% have joined within the last five years. "On behalf of my fellow directors, we are very pleased to welcome Rach

Denise Paulonis Appointed President and Chief Executive Officer Chris Brickman to Serve as Advisor to Support Orderly Transition Sally Beauty Holdings, Inc. (NYSE:SBH) ("the Company") today announced that Denise Paulonis will be appointed President and Chief Executive Officer, effective October 1, 2021. Ms. Paulonis succeeds Chris Brickman who will be stepping down. Mr. Brickman will continue to serve as President and Chief Executive Officer of the Company and as a member of the Board until September 30, 2021, when he will step down from both positions. Thereafter, Mr. Brickman will serve in a consulting capacity through March 31, 2022, to support an orderly transition. This leadership tr

Sally Beauty Holdings, Inc. (NYSE:SBH) today announced the appointment of Erin Nealy Cox, to the Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210726005523/en/Erin Nealy Cox appointed to the Board of Directors (Photo: Business Wire) "I am extremely pleased to welcome Erin back to our Board," stated Bob McMaster, Chair of the Board of Directors. "We are excited about her return as an independent director and we look forward to her leadership." Ms. Nealy Cox is a trial attorney, cybersecurity expert and former federal prosecutor who served as an independent director on our Board and Audit Committee from August

DENTON, Texas, May 11, 2021 /PRNewswire/ -- Today Sally Beauty Holdings, Inc. (NYSE:SBH) announced the appointment of Ellery Fisher as Group Vice President of E-commerce & Digital. He will lead the Sally Beauty and Cosmo Prof E-commerce and Digital Product teams. Fisher joins the team with a vision to further drive Sally Beauty Holdings' strategic digital efforts; inspiring a sense of community for digital shoppers by driving interaction and engagement across platforms. His aim is to lead by collaborating cross-functionally towards a shared mission: enhancing and growing the

DENTON, Texas--(BUSINESS WIRE)--Sally Beauty Holdings, Inc. (NYSE: SBH) today announced the appointment of Kim McIntosh, as Group Vice President, Controller and Chief Accounting Officer. Ms. McIntosh joins the Company from Tailored Brands, Inc., where she was Chief Accounting Officer since December 2020 and Vice President, Corporate Controller from March 2013 to December 2020. At Tailored Brands, Inc., Ms. McIntosh’s responsibilities included general accounting, merchandise accounting, financial reporting, payroll and accounts payable. Prior to her role at Tailored Brands, Inc., Ms. McIntosh served in various accounting roles at Chico’s FAS Inc. “We are extremely pleased to have K