Shares of Sally Beauty Holdings (NYSE:SBH) were unchanged in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share were down 54.90% over the past year to $0.23, which beat the estimate of $0.22.Revenue of $871,023,000 lower by 7.91% from the same period last year, which beat the estimate of $869,410,000.Looking Ahead Sally Beauty Holdings hasn't issued any earnings guidance for the time being.Sally Beauty Holdings hasn't issued any revenue guidance for the time being.Conference Call Details Date: May 06, 2020View more earnings on SBHTime: 12:04 PM ETWebcast URL: https://attexwc.webex.com/mw3300/mywebex/default.do?nomenu=true&siteurl=attexwc&service=6&rnd=0.971130864093093&main_url=https%3A%2F%2Fattexwc.webex.com%2Fec3300%2Feventcenter%2Fevent%2FeventAction.do%3FtheAction%3Ddetail%26%26%26EMK%3D4832534b000000044a191b72423041239144fe507aa9edfd8e39491777c35e2d9d96c2994ce243ac%26siteurl%3Dattexwc%26confViewID%3D159061564063759734%26Technicals Company's 52-week high was at $21.98Company's 52-week low was at $6.28Price action over last quarter: down 26.82%Company Overview Sally Beauty Holdings Inc is a professional beauty-products retailer based in the United States. Sally Beauty operates throughout the United States, Puerto Rico, the United Kingdom, Belgium, Canada, Chile, Colombia, Mexico, Peru, France, Ireland, Spain, Germany, and the Netherlands. The company operates through two business segments: Sally Beauty Supply and Beauty Systems Group. Product offerings include hair color and care, hair dryers and hair-styling appliances, nail care, skin care, and others.See more from Benzinga * Recap: Radware Q1 Earnings * Meet Group: Q1 Earnings Insights * Cars.com: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Moody's Investors Service, ("Moody's") today changed the outlook for Sally Holdings LLC ("Sally") to negative from stable. Concurrently, Moody's affirmed the company's Ba2 corporate family rating and its Ba2-PD probability of default rating. The Ba1 senior secured term loan rating and Ba3 senior unsecured notes rating were also affirmed.
Sally Holdings LLC ("Holdings") and Sally Capital Inc. (together with Holdings, the "Issuers"), both subsidiaries of Sally Beauty Holdings, Inc. (the "Company") (NYSE: SBH), announced that they have entered into an agreement to sell $300 million aggregate principal amount of senior secured second lien notes due 2025 (the "Notes") in a private offering (the "Offering") in reliance upon an exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Notes will bear interest at a rate of 8.750% and will be issued at par. The Notes will be guaranteed on a secured basis by the Company, Sally Investment Holdings LLC and the Company’s domestic subsidiaries who have guaranteed obligations under its senior secured credit facilities and its existing notes. The Company expects to close the Offering on or about April 24, 2020, subject to the satisfaction of customary closing conditions.
Sally Beauty Holdings, Inc. (NYSE: SBH) ("the Company") today announced financial results for its second quarter ended March 31, 2020. The Company will hold a conference call today at 7:30 a.m. Central Time to discuss these results.
Sally Beauty (SBH) delivered earnings and revenue surprises of 9.52% and 0.16%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Sally Beauty (NYSE: SBH) have popped today, up by 9% as of 1:10 p.m. EDT, after the company reported fiscal second-quarter earnings. Sally Beauty attributed the steep drop in profitability to continued fallout from the coronavirus outbreak, which has shuttered many retail businesses. "When COVID-19 struck, the Company accomplished an incredibly adept pivot," CEO Chris Brickman said in a statement.
Ulta Beauty on the list Continue reading...
Sally Beauty Holdings, Inc. (NYSE: SBH) ("the Company") announces today that it will host a conference call and webcast on May 6, 2020, at 7:30 a.m. Central Time to discuss second quarter financial results.
Sally Beauty (SBH) has temporarily shut down all stores in the United States and Canada. Also, management withdraws guidance for fiscal 2020.
Moody's Investors Service, ("Moody's") today assigned a Ba2 rating to Sally Holdings LLC's (Sally) new proposed senior secured notes. Moody's also affirmed the company's Ba2 corporate family rating and its Ba2-PD probability of default rating. The Ba1 senior secured term loan rating and Ba3 senior unsecured notes rating were also affirmed.
Sally Beauty Holdings, Inc. (NYSE: SBH) today announced the appointment of Marlo Cormier, as Senior Vice President - Finance and Chief Accounting Officer. Ms. Cormier was also named to the Company’s senior leadership team.
To the annoyance of some shareholders, Sally Beauty Holdings (NYSE:SBH) shares are down a considerable 33% in the last...
SBH earnings call for the period ending March 31, 2020.
Sally Beauty (SBH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sally Holdings LLC ("Holdings") and Sally Capital Inc. (together with Holdings, the "Issuers"), both subsidiaries of Sally Beauty Holdings, Inc. (the "Company") (NYSE: SBH), today announced that they launched an offering to sell $300 million aggregate principal amount of senior secured second lien notes due 2025 (the "Notes") in a private offering (the "Offering") in reliance upon an exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), subject to market and other conditions. The Notes will be guaranteed on a secured basis by the Company, Sally Investment Holdings LLC and the Company’s domestic subsidiaries who have guaranteed obligations under its senior secured credit facilities and its existing notes.
Sally Beauty (SBH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
Sally Beauty Holdings, Inc. (NYSE: SBH) ("the Company") today provided an update on its liquidity.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Sally Holdings LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
Marlo Cormier has been appointed to the roles of chief accounting officer and senior vice president – Finance.