SBH

SBH Financial Consultancy and Methodist College Kuala Lumpur (MCKL) Sign MOU for Financial Education Excellence

Retrieved on: 
Monday, March 18, 2024

Federal Territory of Kuala Lumpur, Malaysia--(Newsfile Corp. - March 17, 2024) - SBH Financial Consultancy , a prominent financial consultancy in Malaysia, has recently formalized a collaboration with Methodist College Kuala Lumpur (MCKL) through the signing of a Memorandum of Understanding (MOU) aimed at advancing financial education in the nation.

Key Points: 
  • Federal Territory of Kuala Lumpur, Malaysia--(Newsfile Corp. - March 17, 2024) - SBH Financial Consultancy , a prominent financial consultancy in Malaysia, has recently formalized a collaboration with Methodist College Kuala Lumpur (MCKL) through the signing of a Memorandum of Understanding (MOU) aimed at advancing financial education in the nation.
  • To view an enhanced version of this graphic, please visit:
    Founded by Sam Tsen, SBH Financial Consultancy has been instrumental in reshaping Malaysia's financial landscape since its inception.
  • The collaboration between SBH Financial Consultancy and MCKL represents a significant step towards enhancing financial literacy in Malaysia.
  • "Through the collaborative efforts of SBH Financial Consultancy and MCKL, we aim to redefine financial education in Malaysia.

Fossil Group, Inc. Announces Leadership Changes

Retrieved on: 
Wednesday, March 13, 2024

RICHARDSON, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (“Fossil” or “the Company”, NASDAQ: FOSL) today announced that Kosta N. Kartsotis is stepping down from his position as Chief Executive Officer and a member of the Board of Directors (the “Board”), effective immediately. To ensure a seamless transition, Kartsotis will remain with the Company in a transitional role until September 2024 and, thereafter, will provide consulting services to the Company until September 2025.

Key Points: 
  • Mr. Mansell stated, “On behalf of the entire Board, I thank Kosta for his unwavering commitment and leadership to Fossil.
  • He has been a member of the executive leadership team at Fossil Group since 2017 and has served as Chief Operating Officer since April 2021.
  • Prior to Fossil Group, he held executive leadership positions across the retail and consumer landscape, including Pier 1 Imports, Inc., Tuesday Morning Corporation, 24 Hour Fitness Worldwide Holdings, Inc., and Michaels Stores, Inc.
  • Prior to his work in retail, he served in leadership roles in several consumer product firms including The Pillsbury Company and Kraft General Foods.

Sally Beauty Holdings Announces the Completion of a Registered Public Offering of $600 Million of Senior Notes Due 2032

Retrieved on: 
Tuesday, February 27, 2024

Sally Holdings LLC (“Holdings”) and Sally Capital Inc. (together with Holdings, the “Issuers”), wholly-owned subsidiaries of Sally Beauty Holdings, Inc. (the “Company”) (NYSE: SBH), today announced the completion of a registered public offering of $600.0 million aggregate principal amount of Senior Notes due 2032 (the “Senior Notes”).

Key Points: 
  • Sally Holdings LLC (“Holdings”) and Sally Capital Inc. (together with Holdings, the “Issuers”), wholly-owned subsidiaries of Sally Beauty Holdings, Inc. (the “Company”) (NYSE: SBH), today announced the completion of a registered public offering of $600.0 million aggregate principal amount of Senior Notes due 2032 (the “Senior Notes”).
  • The Senior Notes are guaranteed by the Company, Sally Investment Holdings LLC and certain other domestic subsidiaries of the Company.
  • BofA Securities, J.P. Morgan and Truist Securities served as joint book-running managers for the offering.
  • This press release shall not constitute a notice of redemption with respect to the notes being redeemed.

Sally Beauty Holdings Reports First Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, February 1, 2024

Sally Beauty Holdings, Inc. (NYSE: SBH) (“the Company”), the leader in professional hair color, today announced financial results for its first quarter ended December 31, 2023.

Key Points: 
  • Sally Beauty Holdings, Inc. (NYSE: SBH) (“the Company”), the leader in professional hair color, today announced financial results for its first quarter ended December 31, 2023.
  • The Company will hold a conference call today at 7:30 a.m. Central Time to discuss these results and its business.
  • At constant currency, global e-commerce sales were $91 million or 9.8% of consolidated net sales for the quarter.
  • Consolidated gross profit for the first quarter was $467.2 million compared to $488.6 million in the prior year, a decrease of 4.4%.

EQS-News: Roland Nicklaus to step down from the Executive Board of Smartbroker Holding AG 

Retrieved on: 
Tuesday, January 30, 2024

Roland Nicklaus, Chief Financial Officer of Smartbroker Holding AG (SBH), has informed the Company's Supervisory Board that he will not be available to renew his employment contract, and will step down from the Executive Board upon expiry of his current contract as of 31 March 2024.

Key Points: 
  • Roland Nicklaus, Chief Financial Officer of Smartbroker Holding AG (SBH), has informed the Company's Supervisory Board that he will not be available to renew his employment contract, and will step down from the Executive Board upon expiry of his current contract as of 31 March 2024.
  • Andre Kolbinger, founder and CEO of SBH: "We would like to thank Roland Nicklaus for more than fifteen years of close and trusting cooperation and wish him all the best for the future.
  • We are delighted that Roland will remain associated with our company in the future, both as shareholder as well as member of the Supervisory Board of our subsidiary Smartbroker AG.
  • The Supervisory Board will imminently start the succession planning.

Sally Beauty Holdings Announces Conference Call and Webcast to Discuss First Quarter Financial Results on February 1, 2024

Retrieved on: 
Thursday, January 18, 2024

Sally Beauty Holdings, Inc. (NYSE:SBH) (“the Company”), the leader in professional hair color, today announced that it will host a conference call and webcast on February 1, 2024, at 7:30 a.m. Central Time to discuss first quarter financial results.

Key Points: 
  • Sally Beauty Holdings, Inc. (NYSE:SBH) (“the Company”), the leader in professional hair color, today announced that it will host a conference call and webcast on February 1, 2024, at 7:30 a.m. Central Time to discuss first quarter financial results.
  • A copy of the press release announcing the first quarter financial results is expected to be made available before the U.S. financial markets open on February 1, 2024, on the Company's website sallybeautyholdings.com/investor-relations .
  • The earnings conference call and webcast will follow at 7:30 a.m. Central Time.
  • This conference call and live webcast, which may include discussion of the Company's strategy, financial results and expectations, and other matters relating to its business, will be available to all investors.

Sally Beauty Holdings Reports Fourth Quarter and Full Year Fiscal 2023 Results

Retrieved on: 
Tuesday, November 14, 2023

“Our teams are executing well on our strategic initiatives designed to reignite top line growth and improve profitability -- enhancing our customer centricity, growing our high margin own brands and amplifying innovation, and increasing the efficiency of our operations. Building on our strong foundation, we are focused on the future and remain committed to creating value for our shareholders.”

Key Points: 
  • Sally Beauty Holdings, Inc. (NYSE: SBH) (“the Company”), the leader in professional hair color, today announced financial results for its fourth quarter and full year ended September 30, 2023.
  • The acquisition is expected to result in an incremental sales benefit of approximately 1% to the Company’s Beauty Systems Group segment in fiscal 2024.
  • Fourth quarter consolidated net sales were $921.4 million, a decrease of 4.3% compared to the prior year.
  • Consolidated gross profit for the fourth quarter was $466.6 million compared to $463.5 million in the prior year, an increase of 0.7%.

Sally Beauty Holdings, Inc. Announces Conference Call and Webcast to Discuss Fourth Quarter and Full Year Financial Results on November 14, 2023

Retrieved on: 
Wednesday, November 1, 2023

Sally Beauty Holdings, Inc. (NYSE:SBH) (“the Company”), the leader in professional hair color, today announced that it will host a conference call and webcast on November 14, 2023, at 7:30 a.m. Central Time to discuss fourth quarter and full year financial results.

Key Points: 
  • Sally Beauty Holdings, Inc. (NYSE:SBH) (“the Company”), the leader in professional hair color, today announced that it will host a conference call and webcast on November 14, 2023, at 7:30 a.m. Central Time to discuss fourth quarter and full year financial results.
  • A copy of the press release announcing the fourth quarter and full year financial results is expected to be made available before the U.S. financial markets open on November 14, 2023, on the Company's website sallybeautyholdings.com/investor-relations .
  • The earnings conference call and webcast will follow at 7:30 a.m. Central Time.
  • This conference call and live webcast, which may include discussion of the Company's strategy, financial results and expectations, and other matters relating to its business, will be available to all investors.

The Solar Show KSA 2023: Sungrow Announces its Avant-Garde Renewable Energy Solutions to Support for Saudi's Vision 2030

Retrieved on: 
Wednesday, November 1, 2023

The solutions incorporate cutting-edge technologies in the industry, aiming to accelerate Saudi Arabia's transition from traditional energy to clean power and increase renewable energy proportion.

Key Points: 
  • The solutions incorporate cutting-edge technologies in the industry, aiming to accelerate Saudi Arabia's transition from traditional energy to clean power and increase renewable energy proportion.
  • Saudi Arabia aims to have a 50% share of its electricity generated from renewable resources by 2030 and achieve carbon neutrality by 2060.
  • The display of Sungrow's latest full-scenario renewable energy solutions will firmly inject strong impetus into Saudi Arabia's energy structure optimization and 2030 vision.
  • Thompson Meng, Vice President of Sungrow PV&Storage BG, shared his opinion about clean energy development in KSA, "KSA has huge potential to develop clean energy.

Power Knot Launches Stainless Steel Lug Cart

Retrieved on: 
Tuesday, October 31, 2023

FREMONT, Calif., Oct. 31, 2023 /PRNewswire/ -- Power Knot LLC, the market leader for onsite organic waste management solutions, has released the SBH-180 lug cart, an industrial lug that can be used to transport a variety of products in environments where stability, longevity, robustness, and reliability are critical.

Key Points: 
  • FREMONT, Calif., Oct. 31, 2023 /PRNewswire/ -- Power Knot LLC, the market leader for onsite organic waste management solutions, has released the SBH-180 lug cart, an industrial lug that can be used to transport a variety of products in environments where stability, longevity, robustness, and reliability are critical.
  • This industrial lug cart is made of stainless steel and can be used to safely transport waste food from galley or kitchen to Power Knot LFC biodigesters, even when on different decks or levels.
  • The stainless steel construction makes the SBH lug cart compatible with other equipment in the kitchen.
  • Iain Milnes, President of Power Knot, said, "The SBH-180 lug cart is a significant addition to our family of comprehensive on-site organic waste management solutions.