Sally Beauty delivers highest full-year guidance raise but weakest performance against estimates

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Summary · why it matters

Sally Beauty delivered the highest full-year guidance raise among the beauty and cosmetics retailer stocks tracked, but it had the weakest performance against analyst estimates and the weakest guidance update in the group. The company reported revenues of $903.4 million, up 2.3% year on year, in line with analysts' expectations. It was a mixed quarter with a solid beat of analysts' EBITDA estimates but next-quarter EPS guidance missing expectations. The stock is flat since the results and currently trades at $14.14.

Impact on assets 4

Consumer Discretionary▼ · 4 stocks
Sally Beauty Holdings Inc
SBH
▼ NegativeCapitalrelevance

Next-quarter EPS guidance missing expectations and weakest performance against estimates despite full-year guidance raise.