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.
Consolidated net sales reached $1.02 billion with a same store sales increase of 44.7%.
Global e-commerce sales were $71 million, representing 7.0% of net sales.
GAAP operating margin was 12.5%, while adjusted operating margin was 12.6%.
Cash and cash equivalents stood at $270 million, with debt levels reduced by $205 million.
The Company will provide perspective on its outlook for the fourth quarter during its earnings conference call.
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