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Sales jump more than 12% too in Q2.
April 30, 2010
By: TOM BRANNA
Editor
Sally Beauty Holdings Inc.’s profits soared 40.5% to $34.6 million in the second quarter ended March 31 as sales increased 12.3%, the firm reported Thursday. Quarterly sales, which benefited $11.6 million from foreign currency exchange, reached $720.5 million, from $641.5 million a year ago. Comparable-store sales at the firm, which operates the Sally Beauty Supply and Beauty Systems Group beauty supply chains, increased 4.8% during the second quarter, compared with a 2.1% rise in comps in th...
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