Skip to main content

Sally Beauty Q2 earnings down 4.3%


New York -- Sally Beauty Holdings Inc.’s second-quarter earnings decreased 4.3% amid sluggish sales. The company earned $64.9 million in the quarter ended March 31, compared with $67.8 million in the year-ago period.

Revenue rose 1% to $898.2 million from $889.3 million in the year-ago period.

Same-store sales were down 0.8%.

Gary Winterhalter, chairman, president and CEO says that the quarter's performance reflected in part lower traffic fueled by two fewer days compared with the prior year quarter.

This ad will auto-close in 10 seconds