Company News, Financial News

‘Challenging Quarter’ at Sally Beauty

First fiscal quarter dips a bit—but CEO is optimistic.

Sally Beauty Holdings, Inc. posted financial results for its fiscal 2018 first quarter ended Dec. 31, 2017. Consolidated net sales slipped slightly at 0.5% to $995.0 million in the first quarter. “Consistent with our expectations, this was a challenging quarter in terms of revenue growth. Business in the first quarter was impacted by a continuation of disappointing traffic trends in our U.S. Sally Beauty stores, an additional day of store closures versus the prior year for our Beauty Systems ...

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