Sally Beauty delivered improved profitability for the third consecutive quarter, driven by gross margin expansion and disciplined cost controls, even as sales declined slightly due to macroeconomic challenges.
Sally Beauty Holdings reported a solid start to fiscal year 2025, with consolidated net sales increasing by 0.7% to $938 million and comparable sales increasing by 1.6%. The company's GAAP operating margin expanded by 330 basis points to 10.7%, and adjusted operating margin expanded by 50 basis points to 8.4%.
Sally Beauty Holdings reported strong fourth quarter results with a 1.5% increase in consolidated net sales and a 2.0% increase in consolidated comparable sales. The company's GAAP operating margin expanded by 50 basis points to 8.8%, and the adjusted operating margin expanded by 80 basis points to 9.4%. Strong cash flow from operations was utilized to repay debt and fund share repurchases.
Sally Beauty Holdings reported a 1.2% increase in consolidated net sales to $942 million, with a comparable sales increase of 1.5%. The company reported GAAP diluted net earnings per share of $0.36 and adjusted diluted net earnings per share of $0.45. Cash flow from operations was $48 million, and operating free cash flow was $29 million.
Sally Beauty Holdings reported a decrease in consolidated net sales by 1.1% to $908.4 million compared to the prior year. GAAP diluted net earnings per share were $0.27, and adjusted diluted net earnings per share were $0.35. The company generated $37 million in cash flow from operations and executed $20 million in share repurchases.
Sally Beauty Holdings reported first quarter fiscal 2024 results, with consolidated net sales of $931 million, a decrease of 2.7% compared to the prior year. The company generated $51 million in cash flow from operations and executed $20 million in share repurchases. The company maintains its full year fiscal 2024 guidance.
Sally Beauty Holdings reported a 4.3% decrease in consolidated net sales to $921 million, with a 1.6% decline in consolidated comparable sales. GAAP gross margin increased by 240 basis points to 50.6%, and GAAP operating earnings rose to $77 million. The company generated $117 million in cash flow from operations and $90 million in operating free cash flow.
Sally Beauty Holdings reported consolidated net sales of $931 million, a decrease of 3.2% compared to the prior year, but consolidated comparable sales increased 0.6%. The company's GAAP diluted EPS was $0.46, while the adjusted diluted EPS was $0.49. They are on track with their operating initiatives and the financial guidance they originally laid out for fiscal 2023.
Sally Beauty Holdings reported a 0.8% increase in consolidated net sales, reaching $919 million. Consolidated comparable sales increased by 5.7%, and global e-commerce sales grew by 9% to $87 million. The company's GAAP diluted EPS was $0.37, with an adjusted diluted EPS of $0.41. They also refinanced their $406 million term loan, extending the maturity to 2030.
Sally Beauty Holdings reported a decrease in net sales by 2.4% to $957.1 million compared to the prior year, but consolidated comparable sales increased by 1.1%. The company successfully implemented its distribution center consolidation and store optimization plan. GAAP diluted EPS was $0.46, and Adjusted Diluted EPS was $0.52.
Sally Beauty Holdings reported Q4 2022 results with net sales of $962 million, a decrease of 2.8% compared to the prior year, and comparable sales flat to the prior year. GAAP diluted EPS was $0.20, while adjusted diluted EPS was $0.50. The company announced a distribution center consolidation and acceleration of store optimization plan, outlining new strategic initiatives and long-term outlook, and providing fiscal 2023 guidance.
Sally Beauty Holdings reported a decrease in consolidated net sales by 6.0% to $961 million, with a comparable sales decrease of 3.6%. Despite these challenges, the company maintained a healthy gross margin of 51% and an adjusted operating margin of 10.5%. The company completed a full repayment of $300 million of 8.75% senior secured notes.
Sally Beauty Holdings reported a decrease in consolidated net sales by 1.6% to $911 million, while comparable sales increased by 0.2%. GAAP diluted EPS was $0.42, and adjusted diluted EPS was $0.47. The company experienced greater than expected pressure on the top line due to supply chain and inflationary challenges.
Sally Beauty Holdings reported a solid first quarter in fiscal year 2022, marked by a 4.7% increase in consolidated net sales to $980 million and a comparable sales increase of 6.1%. The company's gross margin improved to 51.0%, and profitability saw significant improvement.
Sally Beauty Holdings reported a 3.4% increase in consolidated net sales to $990 million, with a same-store sales increase of 2.1%. The GAAP diluted EPS was $0.59, and the adjusted diluted EPS was $0.64. The company's GAAP operating margin was 11.2%, and the adjusted operating margin was 11.7%.
Sally Beauty Holdings reported a strong third quarter for fiscal year 2021, driven by strengthening consumer demand and solid execution. Consolidated net sales reached $1.02 billion with a same store sales increase of 44.7%. GAAP diluted EPS was $0.66, and adjusted diluted EPS was $0.68.
Sally Beauty Holdings reported a 6.3% increase in consolidated net sales to $926.3 million, driven by improved consumer confidence and easing COVID-19 restrictions in the U.S. GAAP diluted EPS was $0.34, while adjusted diluted EPS reached $0.57. The company's strong performance was partially offset by international store closures and salon closures in California.
Sally Beauty Holdings reported a decrease in consolidated net sales by 4.5% to $936.0 million, impacted by COVID-19. However, the company delivered strong gross margins above 50% and a 6% increase in adjusted diluted earnings per share.
Sally Beauty Holdings, Inc. reported positive same store sales and significant gross margin expansion in Q4. The company ended the year with strong liquidity, including $131 million in operating free cash flow and a strengthened balance sheet with over $500 million of cash after reducing debt levels by $445 million.
Sally Beauty Holdings reported a decrease in consolidated net sales by 27.7% to $705.3 million, impacted by COVID-19 related store shutdowns. E-commerce sales grew by 278% to $137 million. GAAP diluted EPS was a loss of $0.21, while adjusted diluted EPS was a loss of $0.11. The company ended the quarter with $839 million in cash.
Sally Beauty Holdings, Inc. reported a decrease in consolidated net sales by 7.9% to $871.0 million due to COVID-19 impacts, despite a pre-COVID increase of 4.7% in same store sales. GAAP diluted EPS decreased by 77.8% to $0.12, while adjusted diluted EPS decreased by 54.9% to $0.23.
Sally Beauty Holdings reported a decrease in consolidated net sales by 0.9% to $980.2 million, driven by a decrease in same store sales. GAAP diluted EPS decreased by 16.7% to $0.45, and adjusted diluted EPS decreased by 17.5% to $0.47.