NYSE$SBH
Sally Beauty Holdings Inc. · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Announced first quarter results impacted by traffic decline and technology disruptions.
Sally Beauty Holdings reported a decrease in consolidated net sales by 0.9% to $980.2 million, driven by a decrease in same store sales. GAAP diluted EPS decreased by 16.7% to $0.45, and adjusted diluted EPS decreased by 17.5% to $0.47.
- Consolidated same store sales decreased 0.3%.
- Beauty Systems Group same store sales were positive for the third consecutive quarter at 1.2%, with segment revenue reaching an all-time quarterly high.
- Global e-commerce sales increased by 27.6%.
- GAAP diluted EPS was $0.45, a decline of 16.7%.
Headline financials
Revenue & EPS history
Sally Beauty · Revenue · Quarterly
$980M
Revenue by segment
Sally Beauty · $980M total across 2 segments · Q1 2020
- Sally Beauty Supply$569M-2.0%58.1%
- Beauty Systems Group$411M+0.5%41.9%
Forward guidance
The Company is maintaining its revenue and same store sales guidance, while adjusting its Adjusted Operating Earnings guidance to flat to the prior year.
Tailwinds
- Maintaining revenue guidance.
- Maintaining same store sales guidance.
- Debt reduction.
- Share repurchases to date.
- Committed to invest as necessary to complete the ongoing Transformation Plan.
Headwinds
- Implementation challenges of the first quarter.
- Adjusted Operating Earnings guidance is modified to flat to prior year.
- Maintaining EPS guidance for the year, but at the lower end of the range.
- Traffic declined at both Sally Beauty Supply and specialty retail.
- Implementation-related technology disruptions led to product pricing issues.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2020
+0.9%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+1.8%
Avg return
30 days after
53%
36 / 68 earnings
Positive
+24.8%
Q2 2021
Best reaction
-17.4%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -6.9% | -15.2% | -6.8% | |
| Q1 2026 | +5.2% | +1.0% | -7.6% | |
| Q4 2025 | -1.7% | -0.2% | +5.6% | |
| Q2 2025 | +22.2% | +12.2% | +12.1% | |
| Q1 2025 | +4.5% | +2.0% | -0.7% | |
| Q4 2024 | +7.0% | +4.4% | -0.5% | |
| Q3 2024 | +8.4% | +19.4% | +27.2% | |
| Q2 2024 | -1.5% | +5.5% | +5.3% | |
| Q1 2024 | +2.8% | +5.0% | +2.6% | |
| Q4 2023 | +12.1% | +14.8% | +61.3% | |
| Q3 2023 | -4.1% | -1.6% | -11.9% | |
| Q2 2023 | -15.8% | -18.7% | -13.9% | |
| Q1 2023 | +9.1% | +8.5% | -0.5% | |
| Q4 2022 | +8.4% | +1.8% | -7.9% | |
| Q3 2022 | -0.8% | +0.7% | +5.8% | |
| Q2 2022 | -5.6% | -10.9% | -9.2% | |
| Q1 2022 | -1.4% | -2.6% | -2.8% | |
| Q4 2021 | +12.8% | +14.3% | +15.3% | |
| Q3 2021 | -14.0% | -13.0% | -14.0% | |
| Q2 2021 | +24.8% | +17.0% | -1.1% | |
| Q1 2021 | -7.8% | -2.3% | +14.4% | |
| Q4 2020 | -4.9% | +3.2% | +8.0% | |
| Q3 2020 | -12.8% | -8.8% | -12.9% | |
| Q2 2020 | +2.7% | +6.0% | +61.9% | |
| Q1 2020 | -17.4% | -16.8% | -20.7% | |
| Q4 2019 | +19.6% | +19.9% | +13.3% | |
| Q3 2019 | +9.8% | +7.9% | -1.0% | |
| Q2 2019 | -8.3% | -6.6% | -14.2% | |
| Q1 2019 | -1.5% | -3.3% | -2.0% | |
| Q4 2018 | +15.8% | +10.4% | +2.7% | |
| Q3 2018 | -13.8% | -13.2% | -6.1% | |
| Q2 2018 | -12.6% | -11.6% | -11.0% | |
| Q1 2018 | +8.2% | +8.2% | +11.5% | |
| Q4 2017 | -1.3% | +1.4% | +8.0% | |
| Q3 2017 | +2.2% | +3.6% | -6.3% | |
| Q2 2017 | +1.1% | +3.9% | -8.4% | |
| Q1 2017 | -7.0% | -5.2% | -10.1% | |
| Q4 2016 | -10.7% | -10.0% | -7.5% | |
| Q3 2016 | -11.3% | -11.4% | -7.2% | |
| Q2 2016 | -5.8% | — | — | |
| Q1 2016 | +13.7% | — | — | |
| Q4 2015 | +7.3% | — | — | |
| Q3 2015 | -9.5% | — | — | |
| Q2 2015 | +1.5% | — | — | |
| Q1 2015 | +3.6% | — | — | |
| Q4 2014 | +2.9% | — | — | |
| Q3 2014 | +1.7% | — | — | |
| Q2 2014 | -7.8% | — | — | |
| Q1 2014 | +5.9% | — | — | |
| Q4 2013 | -0.6% | — | — | |
| Q3 2013 | -9.3% | — | — | |
| Q2 2013 | +1.0% | — | — | |
| Q1 2013 | +0.7% | — | — | |
| Q4 2012 | -1.5% | — | — | |
| Q3 2012 | +1.8% | — | — | |
| Q2 2012 | -0.2% | — | — | |
| Q4 2011 | +5.4% | — | — | |
| Q1 2012 | -0.5% | — | — | |
| Q3 2011 | +1.6% | — | — | |
| Q2 2011 | +7.8% | — | — | |
| Q1 2010 | +15.0% | — | — | |
| Q1 2011 | +1.5% | — | — | |
| Q4 2008 | +2.8% | — | — | |
| Q2 2010 | +2.8% | — | — | |
| Q4 2010 | +2.8% | — | — | |
| Q3 2009 | -0.3% | — | — | |
| Q3 2010 | -0.3% | — | — | |
| Q4 2009 | -0.3% | — | — |
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