Sally Beauty (NYSE:SBH) Releases Quarterly Earnings Results

Sally Beauty (NYSE:SBH) posted its quarterly earnings results on Thursday. The specialty retailer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.47 by $0.03, MarketWatch Earnings reports. The business had revenue of $936.02 million during the quarter, compared to analysts’ expectations of $967.74 million. Sally Beauty had a negative return on equity of 535.36% and a net margin of 3.22%. The company’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same period last year, the firm earned $0.47 EPS.

Shares of NYSE:SBH traded down $0.16 on Thursday, reaching $15.80. 123,512 shares

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