Edition:
India

Sally Beauty Holdings Inc (SBH.N)

SBH.N on New York Stock Exchange

17.34USD
19 Oct 2018
Change (% chg)

$-0.76 (-4.20%)
Prev Close
$18.10
Open
$18.04
Day's High
$18.24
Day's Low
$17.33
Volume
551,652
Avg. Vol
494,726
52-wk High
$19.16
52-wk Low
$13.75

Latest Key Developments (Source: Significant Developments)

Sally Beauty Holdings Announces Cost Reduction Plan To Fund Long Term Growth Strategy
Thursday, 5 Apr 2018 

April 5 (Reuters) - Sally Beauty Holdings Inc ::SALLY BEAUTY HOLDINGS ANNOUNCES COST REDUCTION PLAN TO FUND LONG-TERM GROWTH STRATEGY.NEW ORGANIZATIONAL EFFICIENCY ACTIONS ARE EXPECTED TO GENERATE ANNUALIZED BENEFITS IN RANGE OF $14 MILLION TO $15 MILLION.PROGRAM INCLUDES COST SAVINGS INITIATIVES FOCUSED ON ORGANIZATIONAL EFFICIENCIES, SOURCING OF PRODUCT AND BRANDS FOR RESALE.IS IMPLEMENTING HEADCOUNT REDUCTIONS, PRIMARILY AT ITS CORPORATE HEADQUARTERS IN DENTON, TEXAS.PROGRAM ALSO INCLUDES COST SAVINGS INITIATIVES FOCUSED ON ORGANIZATIONAL EFFICIENCIES, SOURCING OF PRODUCT AND BRANDS FOR RESALE INDIRECT PROCUREMENT, STORE OPERATING EXPENSES, AND INVENTORY MANAGEMENT.CHARGES TO BE INCURRED IN CONNECTION WITH THE PLAN IN FISCAL YEAR 2018 ARE EXPECTED TO BE IN RANGE OF $15 MILLION TO $16 MILLION.TOTAL RESTRUCTURING CHARGES RELATED TO EXPANDED 2018 RESTRUCTURING PLAN ARE NOW EXPECTED IN RANGE OF $28 MILLION TO $30 MILLION.MAJORITY OF TOTAL RESTRUCTURING CHARGES EXPECTED TO BE RECORDED IN CURRENT FISCAL YEAR, INCLUDING ABOUT $6 MILLION THAT WAS RECORDED IN Q1.  Full Article

Sally Beauty Holdings reports Q4 adjusted earnings per share $0.45
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Sally Beauty Holdings Inc :Sally Beauty Holdings Inc announces fourth quarter results.Q4 adjusted earnings per share $0.45.Q4 earnings per share $0.27.Q4 sales $974.2 million versus I/B/E/S view $990 million.Q4 same store sales fell 1.4 percent.Q4 earnings per share view $0.47 -- Thomson Reuters I/B/E/S.Sally Beauty Holdings Inc - ‍plan to restructure international operations​.Sally Beauty Holdings Inc - ‍same store sales decreased 1.4 pct in quarter​.Sally Beauty Holdings Inc - ‍negative impact of hurricanes on sales growth & same store sales growth was about 80 basis points and 70 basis points in quarter​.Sally Beauty Holdings Inc - ‍hurricanes negatively impacted both reported and adjusted diluted earnings per share in quarter by approximately $0.03​.Sally Beauty Holdings Inc - expects fiscal year 2018 consolidated same store sales to be approximately flat​.Sally Beauty Holdings Inc - to incur restructuring charges of $12 million to $14 million, with about $10 million to be recorded in fy 2018 due to international restructuring plan.Sally Beauty Holdings Inc - ‍commencement of international restructuring plan with "particular focus on its european operations​".Sally Beauty Holdings Inc - ‍expects to realize annualized benefits of $12 million-$14 million from restructuring plan, with benefit of about $8 million realized in fiscal 2018​.Sally Beauty Holdings Inc - ‍full year 2018 gross margin is expected to expand by approximately 10 basis points​.  Full Article

BRIEF-Sally Beauty Holdings Files For Potential Mixed Shelf Offering

* SALLY BEAUTY HOLDINGS INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED- SEC FILING