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Q2 Sales Rise 2% At Sally Beauty

Poor weather in the US impacted gains.

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By: TOM BRANNA

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Sally Beauty Holdings, Inc.'s second quarter sales rose 2.4% to $919.5 million. The gain was attributed to the addition of new stores and growth in same store sales. The impact from changes in foreign currency exchange rates in the fiscal 2014 second quarter was not material. Consolidated same store sales in the fiscal 2014 second quarter increased by 1.0% compared to a decline of 0.8% in the fiscal 2013 second quarter. Fiscal 2014 second quarter sales performance in both business segments ...

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