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Sally Beauty Beats Earnings, Misses Revenue Target
5 Aug
Summary
- Sally Beauty reported Q3 2026 earnings exceeding expectations.
- Revenue fell short of Wall Street forecasts but grew slightly year-over-year.
- The company maintained its full-year earnings outlook.
Sally Beauty Holdings Inc. announced its fiscal third-quarter 2026 financial results, revealing that it exceeded earnings per share estimates while its revenue fell short of analyst expectations. The company posted adjusted diluted earnings of $0.55 per share, surpassing the consensus estimate of $0.54.
Quarterly revenue totaled $935 million, below the anticipated $947.48 million. However, this figure represents a modest 0.2% increase from the same period last year. The Sally Beauty retail segment demonstrated strength with a 1.6% increase in comparable sales and a 2.2% rise in revenue, driven by hair color products and digital sales.
In contrast, the Beauty Systems Group experienced a 2.4% revenue decline. Management reaffirmed its fiscal 2026 adjusted diluted earnings forecast, projecting between $2.04 and $2.08 per share. The company also reported strong cash flow, generating $81 million in operating cash flow and $62 million in free cash flow during the quarter.
