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Sally Beauty: Fiscal Q3 Earnings Snapshot

August 4, 2022 GMT

DENTON, Texas (AP) _ Sally Beauty Holdings Inc. (SBH) on Thursday reported fiscal third-quarter net income of $46.6 million.

On a per-share basis, the Denton, Texas-based company said it had net income of 43 cents. Earnings, adjusted to extinguish debt and for non-recurring costs, were 55 cents per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.

The beauty products seller posted revenue of $961.5 million in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $944.2 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SBH at https://www.zacks.com/ap/SBH