Sally Beauty Holdings Inc.’s second-quarter earnings decreased 4.3% amid sluggish sales.
Sally Beauty Holdings announced that its board has approved a new share repurchase program authorizing the company to repurchase up to $700 million of its common stock.
Sally Beauty Holdings Inc. reported that profit in the first quarter nearly doubled year-over-year – from $30.1 million to $59 million – but results still missed Wall Street expectations.
Private equity firm Clayton, Dubilier & Rice said it has exited its investment in Sally Beauty Holdings with $1.9 billion in proceeds.
Sally Beauty Holdings said Wednesday it has acquired Netherlands-based Kappersservice Floral and two related companies, Hair Zone and Exphair as part of the company’s international growth strategy.
Sally Beauty Holdings on Thursday said that its fiscal third-quarter profit increased 68% as sales rose while it held its expenses in line.