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Sally Beauty (SBH) Reports Q3 Earnings: What Key Metrics Have to Say

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For the quarter ended June 2024, Sally Beauty (SBH - Free Report) reported revenue of $942.34 million, up 1.2% over the same period last year. EPS came in at $0.45, compared to $0.49 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $931.39 million, representing a surprise of +1.18%. The company delivered an EPS surprise of +12.50%, with the consensus EPS estimate being $0.40.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Sally Beauty performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Comparable sales growth - Consolidated

    : 1.5% compared to the -0.3% average estimate based on four analysts.
  • Number of stores at end-of-period - Sally Beauty Supply

    : 3,128 compared to the 3,134 average estimate based on three analysts.
  • Comparable sales growth - Sally Beauty Supply

    : 0.7% versus the three-analyst average estimate of -2.3%.
  • Comparable sales growth - Beauty Systems Group

    : 2.6% versus the three-analyst average estimate of 2.5%.
  • Number of stores at end-of-period - Total

    : 4,460 versus the three-analyst average estimate of 4,468.
  • Number of stores at end-of-period - Beauty Systems Group

    : 1,332 versus 1,334 estimated by three analysts on average.
  • Net Sales- Sally Beauty Supply

    : $536.54 million versus the three-analyst average estimate of $524.28 million. The reported number represents a year-over-year change of +0.3%.
  • Net Sales- Beauty Systems Group

    : $405.80 million versus $406.46 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.5% change.
  • Operating Income- Beauty Systems Group

    : $46.75 million versus the two-analyst average estimate of $52.33 million.
  • Operating Income- Sally Beauty Supply

    : $86.94 million compared to the $81.58 million average estimate based on two analysts.
View all Key Company Metrics for Sally Beauty here>>>

Shares of Sally Beauty have returned -5.5% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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