Sally Beauty Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2023
August 03, 2023 at 06:50 am EDT
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Sally Beauty Holdings, Inc. reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was USD 931.01 million compared to USD 961.47 million a year ago. Net income was USD 50.82 million compared to USD 46.57 million a year ago. Basic earnings per share from continuing operations was USD 0.47 compared to USD 0.44 a year ago. Diluted earnings per share from continuing operations was USD 0.46 compared to USD 0.43 a year ago.
For the nine months, sales was USD 2,806.78 million compared to USD 2,853.11 million a year ago. Net income was USD 142.02 million compared to USD 162.21 million a year ago. Basic earnings per share from continuing operations was USD 1.32 compared to USD 1.48 a year ago. Diluted earnings per share from continuing operations was USD 1.3 compared to USD 1.46 a year ago.
Sally Beauty Holdings, Inc. is an international specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America, and Europe. The Company operates through two business segments: Sally Beauty Supply (SBS) and Beauty Systems Group (BSG). The SBS segment is a domestic and international chain of cash and carry retail stores, which offers professional beauty supplies to both salon professionals and retail customers, primarily in North America, Puerto Rico, and parts of Europe and South America. The BSG segment includes its franchise-based business Armstrong McCall, a service distributor of beauty products and supplies that offers professional beauty products directly to salons and salon professionals through its professional-only stores, e-commerce platforms and its own sales force in partially geographical territories in the United States and Canada. The Company operates approximately 4,486 company-operated stores.
SALLY BEAUTY HOLDINGS, INC. 
