NYSE$SBH
Sally Beauty Holdings Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported second quarter fiscal 2022 results.
Sally Beauty Holdings reported a decrease in consolidated net sales by 1.6% to $911 million, while comparable sales increased by 0.2%. GAAP diluted EPS was $0.42, and adjusted diluted EPS was $0.47. The company experienced greater than expected pressure on the top line due to supply chain and inflationary challenges.
- Consolidated net sales of $911 million, a decrease of 1.6% compared to the prior year, with a comparable sales increase of 0.2%.
- Global e-commerce sales of $81 million, representing 8.9% of net sales.
- GAAP gross margin up 70 basis points to 51.1% and Adjusted Gross Margin up 20 basis points to 51.4%.
- GAAP diluted net earnings per share of $0.42 and Adjusted Diluted Net Earnings Per Share of $0.47.
Headline financials
Revenue & EPS history
Sally Beauty · Revenue · Quarterly
$911M
Revenue by segment
Sally Beauty · $911M total across 2 segments · Q2 2022
- Sally Beauty Supply$526M-3.1%57.7%
- Beauty Systems Group$386M+0.5%42.3%
Forward guidance
Given the dynamic macro environment including the impact of inflationary pressures and intensified supply chain challenges, the Company is revising its full year guidance for fiscal year 2022.
Tailwinds
- Gross margin is expected to expand by 40 to 60 basis points compared to the prior year.
Headwinds
- Net sales are expected to be flat to down 2% compared to the prior year.
- Net store count is expected to decrease by approximately 1% to 2% for the fiscal year, reflecting the Company’s focus on optimizing its store portfolio.
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 Q2 2022
+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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