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Q1 marks a third consecutive quarter of comparable sales growth across both business units as well as a second consecutive quarter of increased profitability and adjusted operating margin expansion, says CEO.
February 13, 2025
By: Lianna Albrizio
Associate Editor
Consolidated net sales increased 0.7% to $937.9 million for Sally Beauty Holdings in Q1 2025. Consolidated comparable sales increased 1.6% while GAAP operating margin expanded 330 basis points to 10.7% and adjusted operating margin expanded 50 basis points to 8.4%. Consolidated gross profit for the first quarter was $476.8 million compared to $467.2 million in the prior year, an increase of 2.1%. Consolidated GAAP gross margin was 50.8%, an increase of 60 basis points, compared to 50.2% in th...
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