Sally Beauty an U.S based beauty retail and distributor company having its headquarter in Denton, Texas, U.S., founded in 1964 has been in talks recently.
Sally Beauty Holdings, Inc. (NYSE:SBH) is a global retailer and distributor of professional beauty products with revenues of $3.9 billion annually. The company operates in two business segments, one Sally Beauty Supply and second Beauty Systems Group businesses. it sells and distributes through over 5,000 stores, including approximately 180 franchised units, throughout the United States, Canada, Mexico, Europe, Belgium, Netherlands, United Kingdom, Germany, France, Spain, Ireland, South America, Chile and Puerto Rico.
The other Supply segment is an open-line and exclusive-label distributor of professional beauty supplies offering professional beauty supplies to both retail consumers and salon professionals through the globe in almost 12 countries . Whereas the Systems Group segment is a full-service beauty supply distributor offering professional brands directly to salons and salon professionals primarily around the globe.
Despite being a renowned brand the company has seen a downfall in its revenue for almost the past three years. According to yahoo.com’s recent report the the share price of the Holdings is down 42% in the last three years, falling well short of the market return of around 25%. And over the last year the share price fell 22%. And the share price momentum is still quite negative, with prices down 11% in thirty days.
Sally Beauty is failing to satisfy its shareholders
Although the brand has seen a downfall in its share price the earning per share has been increased by 17% per year in past years. Speaking about the loss, shareholders of Sally Beauty have seen a total loss of 6% per year over five years. This has been the main reason for the holdings to be in talk among the shareholders recently. Though everyone knows that the share market is unpredictable, and sometimes the best shares underperform, one must always have a look at other metrics.
Stock Info
SALLY BEAUTY HOLDINGS, INC. (SBH)
$11.36
-0.35 (-2.99%)
Share Price
as of March 25 4:00:00 PM EST
On Monday 25/03/2024 the opening price on Monday 25/03/2024 on BTT of $11.92, whereas the closing price of the Holdings Inc. share was $11.37 on BTT, this is a drop of 4.84%. Sally Beauty
Holdings IncShs’s market capitalization is $1.23 B by 104.88 M shares outstanding.
On the other hand, looking at the metrics of the last 52 weeks of Sally Beauty Holdings stock was 7.22. According to the current price,
Sally Beauty Holdings is 157.48% away from the 52-week low. Whereas the highest of past 52 weeks of Sally Beauty Holdings stock was 15.93. According to the current price, Sally Beauty Holdings is 71.37% away from the 52-week high.
