Sally Beauty Holdings Inc. reported fourth quarter fiscal 2025 consolidated net sales of $947.1 million, a 1.3% increase from the prior year. Consolidated comparable sales rose 1.3%. Fourth quarter GAAP diluted EPS increased by 7%, while adjusted diluted EPS grew by 10%. For the full year, GAAP diluted EPS rose 32% and adjusted diluted EPS increased 12%. Full year cash flow from operations was $275 million. The company ended fiscal 2025 with a net debt leverage ratio of 1.6x and repurchased shares for a total cost of $20 million. In the fourth quarter, the Sally Beauty segment reported net sales of $541.6 million, up 1.4%, and the Beauty Systems Group segment had net sales of $405.5 million, up 1.1%. Gross margin for Sally Beauty improved to 61.3% from 60.4%, and for Beauty Systems Group to 40.0% from 39.0%. Operating earnings for Sally Beauty declined 7.3% to $86.2 million, while Beauty Systems Group operating earnings increased 16.5% to $51.3 million. The company also provided fiscal 2026 guidance and long-term financial targets.