Sally Beauty Holdings Reports Strong Sales and Profit Growth for Fiscal 2021 Third Quarter

DENTON, Texas–(BUSINESS WIRE)–Sally Beauty Holdings, Inc. (NYSE: SBH) (“the Company”), the leader in professional hair color, today announced financial results for its third quarter ended June 30, 2021. The Company will hold a conference call today at 7:30 a.m. Central Time to discuss the results.

Fiscal 2021 Third Quarter Summary

  • Consolidated net sales of $1.02 billion with a same store sales increase of 44.7%, primarily reflecting strong consumer demand in the U.S. and the easing of COVID-19 restrictions globally;
  • Global e-commerce sales were $71 million, representing 7.0% of net sales;
  • Gross margin of 50.3%, up 470 basis points compared to the prior year;
  • GAAP operating earnings of $127 million and GAAP operating margin of 12.5%, Adjusted Operating Earnings of $129 million and Adjusted Operating Margin of 12.6%;
  • GAAP diluted net earnings per share of $0.66 and Adjusted Diluted Net Earnings Per Share of $0.68, up 414% and 718%, respectively, compared to the prior year;
  • Strong liquidity position, cash and cash equivalents of $270 million, reduced debt levels by $205 million with a zero balance outstanding under the $500 million asset-based revolving line of credit at quarter end.

We are pleased to report another strong quarter, which was driven by strengthening consumer demand and solid execution by our teams,” said Chris Brickman, president and chief executive officer. “The combination of improving macro factors in the U.S. and the easing of COVID-19 restrictions across our international territories, drove net sales over $1 billion. Our top line performance,

The Richmond Observer – Belief: Notes from Scandinavia

I’m again from Sweden. It was a terrific excursion. I learned rather a little bit and seem forward to likely back again to discover much more. 

The initially lesson I uncovered is that magnesium gel caps explode below pressure. They include everything in a white pasty substance that is hard to get out of materials. Also, an overdose of magnesium results in canines to have horrific diarrhea. Do not put magnesium gel caps in your checked luggage, but if you do, don’t let pet dogs into your home. 

That state and lifestyle is genuinely old. The island on which my daughter’s household lives has a Viking grave circa 800 CE. In other text, the culture has progressed more than millennia, which would make the United States seem actually young. 

The place, or at minimum the archipelago, was more racially and ethnically assorted than I envisioned. Although however dominated by truthful-skinned people today of Nordic descent, I observed a honest number of Africans and dim-skinned, dark-haired men and women who seemed to mix in quite very well. I suspect as the non-indigenous populace will increase, they will have some struggles with assimilation in the potential. 

 

Swedes are quite negative socialists. Small businesses abound, as do multinational businesses. Judging from the houses on some of the islands in the archipelago, there are a ton of truly rich folks in that state. On the other hand, there are also incredibly handful of lousy kinds. It’s a remarkably middle-course region, many thanks to its

10 Beauty Brands Offering Big Discounts on National Lipstick Day

Lipstick is officially back on the beauty leaderboard now that masks are optional in most cities. The timing couldn’t be more perfect, as National Lipstick Day is today, July 29, and many of the leading lippie brands are going all out to celebrate.

To determine the latest consumer habits, the data science team at Pattern tracked the number of people shopping for a given item during a given period on Amazon for lip-focused beauty products during every day of 2019, 2020 and 2021 (to date) to understand how American shopping habits have shifted, especially post-pandemic. According to the company, among the categorizes analyzed, lipstick has seen the largest increase in demand during the first half of 2021, up 52 percent compared to the same period in 2020, and 110 percent compared to 2019.

If your makeup bag could use an update—formulas you haven’t used since 2019 most likely should have been tossed by now—these 10 brands are offering deals too good to pass up.

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Deck of Scarlet Threeway Solid Lip Oil Trio ($74; $28 when sold separately)

In honor of National Lipstick Day, the brand is offering a $10 discount when you buy three Threeway Solid Lip Oils (each one is usually $28), which deliver the color payoff of a lipstick, the shine of a gloss and the nourishment of an oil in one sleek stick. And there are 13 shades to choose from!

Jones debuts new show prior to move to Nashville | Information, Sporting activities, Jobs
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