News
We provide the latest news from the world of economics and finance
We provide the latest news from the world of economics and finance
(RTTNews) - Shares of Sally Beauty Holdings, Inc. (SBH), a retailer and distributor of professional beauty supplies, are rising more than 7% Thursday morning after reporting better-than-expected first-quarter results.
Profit for the first quarter decreased to $38.39 million, or $0.35 per share from $50.34 million, or $0.46 per share, in last year's first quarter.
Excluding items, Sally Beauty reported earnings of $41.95 million or $0.39 per share, that beat the Street estimates compiled by Thomson Reuters of $0.37 per share.
The company's revenue for the quarter fell 2.7% to $931.30 million from $957.06 million last year. The consensus estimate was for $929.56 million.
SBH is at $13.27 currently. It has traded in the range of $7.21 - $18.42 in the last 1 year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
© 2024 Lime Trading (CY) Ltd
Lime Trading (CY) Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission in accordance with license No.281/15 issued on 25/09/2015. The "Just2Trade" trademark is owned by LimeTrading (CY) Ltd.
Registration Number: HE 341520
Address: Lime Trading (CY) Ltd
Magnum Business Center, Office 4B, Spyrou Kyprianou Avenue 78
Limassol 3076, Cyprus
Disclaimer:
All promotions, materials and information of this website may have applied conditions. Please contact the Company for further details
Trading on financial markets carries risks. The value of the investments can both increase and decrease and the investors may lose all their investment capital. In case of a leveraged product, the loss may be more than the initial capital invested. Detailed information on risks associated with trading on financial markets can be found in General Terms and Conditions for the Provision of Investment Services.
E-mail: 24_support@just2trade.online
