Stock Track | Sally Beauty Stock Soars Nearly 10% in Pre-Market as Solid Q1 Results Meet Expectations

Stock Track

02-13

Sally Beauty Holdings Inc. (NYSE: SBH) saw its stock price surge 9.91% in pre-market trading on Thursday, as the beauty products retailer reported solid first-quarter fiscal 2025 earnings results that met Wall Street's expectations.

For the quarter ended December 31, 2024, Sally Beauty reported revenue of $937.9 million, in line with analysts' estimates of $941.8 million. The company's adjusted earnings per share of $0.43 also matched consensus expectations.

The strong results were driven by continued momentum across both the company's Sally Beauty Supply and Beauty Systems Group segments. Consolidated comparable sales increased 1.6%, reflecting growth in hair color and digital marketplaces at Sally Beauty Supply as well as expanded distribution and innovation at Beauty Systems Group.

Sally Beauty reaffirmed its full-year guidance for flat to 2% comparable sales growth and adjusted operating margin between 8.5% and 9%. The company expects consolidated net sales to be approximately 100 basis points lower than comparable sales due to unfavorable foreign exchange rates.

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(NYSE: SBH) saw its stock price surge 9.91% in pre-market trading on Thursday, as the beauty products retailer reported solid first-quarter fiscal 2025 earnings results that met Wall Street's expectations.</p>\n\n<p>For the quarter ended December 31, 2024, Sally Beauty reported revenue of $937.9 million, in line with analysts' estimates of $941.8 million. The company's adjusted earnings per share of $0.43 also matched consensus expectations.</p>\n\n<p>The strong results were driven by continued momentum across both the company's Sally Beauty Supply and Beauty Systems Group segments. Consolidated comparable sales increased 1.6%, reflecting growth in hair color and digital marketplaces at Sally Beauty Supply as well as expanded distribution and innovation at Beauty Systems Group.</p>\n\n<p>Sally Beauty reaffirmed its full-year guidance for flat to 2% comparable sales growth and adjusted operating margin between 8.5% and 9%. The company expects consolidated net sales to be approximately 100 basis points lower than comparable sales due to unfavorable foreign exchange rates.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"","article_id":"1165183835","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1165183835","pubTimestamp":1739457052,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Sally Beauty Holdings Inc.  saw its stock price surge 9.91% in pre-market trading on Thursday, as the beauty products retailer reported solid first-quarter fiscal 2025 earnings results that met Wall Street's expectations.For the quarter ended December 31, 2024, Sally Beauty reported revenue of $937.9 million, in line with analysts' estimates of $941.8 million. 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