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Sprouts Farmers beats Q2 profit forecasts
Sprouts Farmers Market Inc. reported second-quarter net income of $37.2 million, which topped Wall Street expectations. The natural and organic food retailer posted revenue of $1.03 billion in the period, narrowly missing Street forecasts of $1.04 billion, but topping last year’s sales by 14%. Same-store sales grew 4.1% in the period. -
Sally Beauty meets Q3 forecasts; names cyber-security expert to board
Sally Beauty Holdings Inc. reported fiscal third-quarter earnings of $67.9 million, which matched Wall Street expectations. Revenue for the period was $998.2 million, missing Street forecasts of $1 billion. In other news, the Sally board named global cyber security expert Erin Nealy Cox as an independent director, effective Aug. 1.

