Sally Beauty Reports Q3 Non-GAAP EPS Beat but Revenue Misses Estimates
In its third-quarter earnings report, Sally Beauty (SBH:NYSE) reported a non-GAAP EPS of $0.55, which exceeded estimates by $0.02. However, the company's revenue came in at $935.49 million, falling short of expectations by $3.78 million and showing only modest year-over-year growth of 0.3%. Consolidated comparable sales remained flat during the period. Despite the revenue miss, Sally Beauty saw a significant increase in global e-commerce sales, which rose 11% to reach $110 million—accounting for 12% of total net sales. This highlights continued digital transformation efforts within the company's operations.
Tickers: $SBH
Topics: Earnings Revenue Sales Performance