SBH

Sally Beauty Holdings Reports Third Quarter Fiscal 2023 Results; Maintains Full Year Sales Guidance and Updates Operating Margin Outlook to High End of Previous Range

Retrieved on: 
Thursday, August 3, 2023

The Company was operating 352 fewer stores at the end of the quarter compared to the prior year.

Key Points: 
  • The Company was operating 352 fewer stores at the end of the quarter compared to the prior year.
  • Foreign currency translation had a favorable impact of 20 basis points on consolidated net sales for the quarter.
  • At constant currency, global e-commerce sales increased 3% compared to the prior year to $83 million or 8.9% of consolidated net sales for the quarter.
  • The Company is updating its full fiscal year 2023 guidance by revising its Adjusted Operating Margin to the higher end of the original guidance.

Sally Beauty Holdings, Inc. Announces Conference Call and Webcast to Discuss Third Quarter Financial Results on August 3, 2023

Retrieved on: 
Thursday, July 20, 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 August 3, 2023, at 7:30 a.m. Central Time to discuss third 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 August 3, 2023, at 7:30 a.m. Central Time to discuss third quarter financial results.
  • A copy of the press release announcing the third quarter financial results is expected to be made available before the U.S. financial markets open on August 3, 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.

Blue Room Investing Expands Executive Team With Key Hire John Fenley

Retrieved on: 
Wednesday, July 12, 2023

Blue Room Investing is proud to announce the appointment of John Fenley, CFA, a veteran asset management executive with over 30 years of experience as a portfolio manager and analyst of global equities, as their new Portfolio Manager and member of the Blue Room Executive Team.

Key Points: 
  • Blue Room Investing is proud to announce the appointment of John Fenley, CFA, a veteran asset management executive with over 30 years of experience as a portfolio manager and analyst of global equities, as their new Portfolio Manager and member of the Blue Room Executive Team.
  • While his professional achievements are undoubtedly impressive, I am equally proud to have such a strong community leader join Blue Room at such an exciting time for the Company.” - Blue Room Founder Minyoung Sohn.
  • “It is an honor for me to join Min and the incredibly diverse and talented team that he has assembled at Blue Room.
  • Combining his years of experience in asset management with the intention of making the world a better place by investing back in the community, is what truly inspires me to be a part of Blue Room Investing.”- Blue Room Portfolio Manager John Fenley.

Federal Court Finds James D. ‘Jay’ Noland, Jr., Operator of ‘Success By Health’ and ‘VOZ Travel,’ in Contempt of Court Order Barring Pyramid Schemes

Retrieved on: 
Saturday, May 27, 2023

The FTC sued Noland (also known as Jay Noland, J.D.

Key Points: 
  • The FTC sued Noland (also known as Jay Noland, J.D.
  • Noland, and J. Noland), his wife Lina Noland, Scott Harris, and Thomas Sacca, in connection with SBH in January 2020 and added charges related to VOZ Travel in September 2020.
  • In its ruling, the court cited the “sheer volume of deceptive tactics and statements associated with” both SBH and VOZ Travel.
  • Any amount recovered by the FTC will be used to redress consumers.
  • The court also found that the defendants committed multiple “acts of dishonesty,” including “destroying evidence, violating court orders, giving false under-oath testimony, and taking no accountability for the misconduct after being caught.”

EQS-News: Sangui BioTech International Inc.: Significant increase in sales in the first three quarters of the year - Further reduction of the operating loss

Retrieved on: 
Monday, May 15, 2023

Hamburg, February 13, 2023: In the first six months of fiscal year 2023 (to 30/06/2023) Sangui BioTech International Inc. achieved revenues from royalty income of USD 51,656.

Key Points: 
  • Hamburg, February 13, 2023: In the first six months of fiscal year 2023 (to 30/06/2023) Sangui BioTech International Inc. achieved revenues from royalty income of USD 51,656.
  • In the same period of the previous year the comparable revenue amounted to USD 40,732.
  • As a result of the above factors, the six-month operating loss decreased USD 19,556 to USD 43,689.
  • Its purpose is to provide financing and access to the capital markets for the enterprises of the Sangui group.

Sally Beauty Holdings Reports Second Quarter Fiscal 2023 Results

Retrieved on: 
Thursday, May 4, 2023

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

Key Points: 
  • Sally Beauty Holdings, Inc. (NYSE: SBH) (“the Company”), the leader in professional hair color, today announced financial results for its second quarter ended March 31, 2023.
  • “We delivered second quarter net sales of $919 million, a comparable sales increase of 6%, Adjusted Gross Margin of 51% and Adjusted EBITDA of $105 million.
  • Consolidated gross profit for the second quarter was $468.3 million compared to $465.3 million in the prior year, an increase of 0.6%.
  • The Sally Beauty businesses in the U.S. and Canada represented 79% of segment net sales for the quarter and had a comparable sales increase of 9.8%.

Sally Beauty Holdings, Inc. Announces Conference Call and Webcast to Discuss Second Quarter Financial Results on May 4, 2023

Retrieved on: 
Tuesday, April 25, 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 May 4, 2023, at 7:30 a.m. Central Time to discuss second 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 May 4, 2023, at 7:30 a.m. Central Time to discuss second quarter financial results.
  • A copy of the press release announcing the second quarter financial results is expected to be made available before the U.S. financial markets open on May 4, 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.

EQS-News: Sangui BioTech International Inc.: Significant increase in sales in the first half of the year - Further reduction of the operating loss

Retrieved on: 
Wednesday, February 22, 2023

Hamburg, February 13, 2023: In the first six months of fiscal year 2023 (to 30/06/2023) Sangui BioTech International Inc. achieved revenues from royalty income of USD 51,656.

Key Points: 
  • Hamburg, February 13, 2023: In the first six months of fiscal year 2023 (to 30/06/2023) Sangui BioTech International Inc. achieved revenues from royalty income of USD 51,656.
  • In the same period of the previous year the comparable revenue amounted to USD 40,732.
  • As a result of the above factors, the six-month operating loss decreased USD 19,556 to USD 43,689.
  • Its purpose is to provide financing and access to the capital markets for the enterprises of the Sangui group.

Sally Beauty Holdings Reports First Quarter Fiscal 2023 Results

Retrieved on: 
Thursday, February 2, 2023

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, 2022.

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, 2022.
  • The majority of the store closures occurred in December 2022 and were mostly Sally Beauty locations in the U.S.
  • As part of this optimization plan, the Company incurred a $7.7 million net charge in the first quarter of fiscal 2023.
  • The Sally Beauty businesses in the U.S. and Canada represented 78% of segment net sales for the quarter and had a comparable sales increase of 2.6%.