Sally Beauty reports Q3 adjusted EPS 51c, consensus 42c

Reports Q3 revenue $933M, consensus $929.3M. “Our Q3 results, including improved topline trends and solid year-over-year growth in operating profit, showcase the resilience of our business and the customer service focus of our team,” said CEO Denise Paulonis. “Ongoing financial rigor, coupled with our fuel for growth initiative, drove double-digit earnings per share growth and a fourth consecutive quarter of adjusted operating margin expansion. Importantly, our talented teams are continuing to advance our strategic pillars against a complex macro backdrop. Given the strength of our third quarter, we are raising our adjusted operating margin guidance for FY25.”