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Changes at Petco as company names new president
San Diego -- Petco on Thursday today announced several key changes to its leadership team.
In addition to adding chairman responsibilities to CEO Jim Myers' role, the company named Brad Weston as president.
Previously, Weston served as executive VP, chief merchandising officer and president of the company’s Unleashed by Petco unit. The retail veteran joined Petco in October 2011 and led the evolution of the Unleashed by Petco format.
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Breach knocks back profit at Sally Beauty
Sally Beauty Holdings is feeling the impact of its data breach.
Costs related to a data breach discovered in May, as well as higher selling, general and administrative expenses, helped reduce profit at Sally Beauty during the third quarter of fiscal 2015. Net earnings fell 8% to $62.46 million, from $67.76 million the same period a year earlier.
Net sales rose 2% to $967.89 million, from $949.27 million. Same-store sales increased 2% in the Sally Beauty Supply division and 5.6% in the Beauty Systems division.

