Sally Beauty (NYSE:SBH) Reaches New 1-Year High Following Earnings Beat

Sally Beauty Holdings, Inc. (NYSE:SBH)’s stock price hit a new 52-week high on Thursday following a stronger than expected earnings report. The company traded as high as $17.15 and last traded at $15.67, with a volume of 14947 shares changing hands. The stock had previously closed at $15.96.

The specialty retailer reported $0.50 EPS for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.03. Sally Beauty had a net margin of 3.22% and a negative return on equity of 535.36%. The business had revenue of $936.02 million for the quarter, compared to the consensus estimate of $967.74 million.

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Just a Really Great List of All the Black-Owned Fashion Items I’m Shopping Now

Everyone has their go-to procrastination tactic—maybe you find yourself refreshing your Instagram feed, whipping up an elaborate meal, or going for a leisurely walk when you’re putting off a task. My personal coping mechanism? Making shopping lists. No matter what mood I’m in or why exactly I’m looking to kill time, my first instinct is to draw up a list of things I need—well, more often than not, things I want but don’t actually need. Grocery lists, arbitrary to-do lists, and yes, shopping lists.

Being a fashion editor, I keep a running tab of my favorite brands and boutiques

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