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Sally Beauty Holdings (SBH)
NYSE:SBH
Earnings Data
Report Date
Apr 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.41Last Year’s EPS
0.42Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple clear operational and financial wins — EPS beat, margin expansion, strong cash flow, progress on the Fuel for Growth program, robust color and ecommerce performance, and strategic initiatives (fragrance roll-out, Sally Ignited) gaining traction. These positives were balanced by near-term headwinds: flat consolidated comps, weakness in the care category, slightly elevated promotions and SG&A pressures, modest sales impact from the Europe exit, and macro-driven softness (government shutdown, weather). Overall, the company demonstrated disciplined execution and provided a modestly improved full-year outlook, with the strategic initiatives positioned to drive future growth.Company Guidance
Consolidated Sales and EPS Beat
Total net sales of $943 million, up 0.6% year-over-year; consolidated comparable sales flat to prior year. Adjusted diluted EPS of $0.48, up 12% year-over-year and above guidance.
Strong Margin and Operating Results
Adjusted gross margin expanded ~50 basis points to 51.3% (management cited ~51%), and adjusted operating income of $80 million came in at the high end of expectations.
Robust Cash Generation and Capital Allocation
Operating cash flow of $93 million and free cash flow of $57 million in Q1; $20 million of term loan debt repaid and $21 million deployed to repurchase 1.4 million shares; net debt leverage reduced to ~1.5x.
Sally Segment Strength — Color & Ecommerce
Sally net sales of $532 million, up 1.2%; Sally comparable sales essentially flat (+0.1%). Color category up 8% year-over-year; Sally ecommerce grew 20% to $50 million (9% of segment sales). Sally segment gross margin improved 20 bps to 59.8% and operating margin was 14.7%.
BSG Margin Improvement and New Brand Launches
BSG net sales $412 million (down 0.2%); gross margin expanded 90 bps to 40.2% and operating margin rose to 13.1% (up 90 bps). New brand launches (Milkshake, Keratin Complex) rolled into stores and ecommerce in Q1.
Fuel for Growth Program Delivering Savings
Captured $14 million of pretax Fuel for Growth benefits in Q1 (including $4.5 million SG&A benefit in period); tracking to capture ~$45 million of benefits in fiscal 2026 and reach cumulative run-rate savings of ~$120 million by year-end.
Product & Store Innovation Momentum
Fragrance roll-out (1,000 stores in Q1) drove strong demand and out-of-stocks; plan to expand fragrance to ~2,000 stores. Sally Ignited: 8 store refreshes in Q1 (38 total), on track for ~80 Ignited stores by year-end with mid-to-high single-digit lifts in new/reactivated customers and higher UPT/ATV in Ignited locations.
Raised Full-Year EPS Floor and Stable Guidance
Raised the low end of full-year adjusted diluted EPS guidance to $2.02 (range $2.02–$2.10). Reiterated full-year net sales guidance of $3.71–$3.77 billion, comparable sales flat to +1%, adjusted operating earnings $328–$342 million, capex ~$100 million, and free cash flow ~$200 million.
SBH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SBH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 09, 2026 | $16.16 | $17.00 | +5.20% |
Nov 13, 2025 | $14.68 | $14.45 | -1.57% |
Aug 05, 2025 | $9.97 | $11.66 | +16.95% |
May 12, 2025 | $8.17 | $9.98 | +22.15% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sally Beauty Holdings (SBH) report earnings?
Sally Beauty Holdings (SBH) is schdueled to report earning on Apr 30, 2026, Before Open (Confirmed).
What is Sally Beauty Holdings (SBH) earnings time?
Sally Beauty Holdings (SBH) earnings time is at Apr 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SBH EPS forecast?
SBH EPS forecast for the fiscal quarter 2026 (Q2) is 0.41.
