Shares of Sally Beauty Holdings, Inc. (SBH), a specialty retailer and distributor of professional beauty supplies, are climbing more than 14% Tuesday morning despite reporting fourth-quarter results below analysts' view.
Net earnings in the fourth quarter increased to $42.6 million, or $0.39 per share from $21.3 million, or $0.20 per share last year, primarily due to restructuring charges of $26.43 million in the year-ago quarter. In the latest quarter, the company had a gain of 872,000 on restructuring.
Adjusted earnings, excluding one-time items, were $45.7 million or $0.42 per share, that missed the average estimate of analysts polled by Thomson-Reuters of $0.46 per share.
Sales for the quarter was $921 million, a decrease of 4.3%. The consensus estimate was for $930.47 million.
SBH, currently at $9.27, has traded in the range of $7.21 - $18.42 in the last 1 year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.