Sally Beauty Shares Down 1.2% Since Q3 Earnings Beat

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Summary · why it matters

Sally Beauty shares have declined 1.2% since the company reported third-quarter fiscal 2026 earnings, though the stock initially jumped 7.8% after the results. Adjusted earnings of 55 cents per share beat the consensus estimate of 53 cents and rose 7.8% year over year, while net sales of $935.5 million increased 0.2% but slightly missed expectations. The company narrowed its full-year net sales guidance to $3.725-$3.733 billion and raised the low end of its adjusted EPS outlook to $2.04-$2.08. Management highlighted strength in color products and digital growth, with e-commerce sales up 11% to $110 million, while the Beauty Systems Group segment saw a 2.4% sales decline due to softness in the Care category. The company also repurchased 1.9 million shares for $25 million during the quarter.

Impact on assets 3

Consumer Discretionary▲ · 3 stocks