sector: Cyclical Consumer Goods & Services ·
industry: Retail - Specialty ·
As of
25 Nov 2009
7.29USD
Sally Beauty Holdings, Inc. (Sally Beauty) is a distributor of professional beauty supplies in the United States. The Company operates through two business units: Sally Beauty Supply and Beauty Systems Group (BSG). Through Sally Beauty Supply and BSG (which operates stores under the CosmoProf service mark), the Company operated a multi-channel platform of 3,727 stores and supplied 187 franchised stores primarily in North America, South America and selected European countries, as of September 30, 2009. Within BSG, the Company also has the networks of professional distributor sales consultants in North America, with approximately 1,022 professional distributor sales consultants who sell directly to salons and salon professionals. On September 4, 2009, the Company acquired Distribuidora Intersalon Limitada. On September 18, 2009, the Company acquired Belleza Concept International, Inc. On September 30, 2009, the Company acquired Schoeneman Beauty Supply, Inc.
BRIEF: For the nine months ended 30 June 2009, Sally Beauty Holdings, Inc's revenues decreased 1% to $1.96B. Net income increased 29% to $72.1M. Revenues reflect lower sales from beauty systems group due to decline in other channels sales. Net income was offset by a decrease in cost of goods sold, lower selling, general & administrative expenses, decreased depreciation & amortization expenses and lower expenses related to interest.
Sally Beauty Holdings, Inc.
3001 Colorado Boulevard
Denton TX 76210
P: +1940.8987500
F: +1940.2974990