Sally Beauty Holdings Inc. (SBH) saw its stock price soar 5.14% during Monday's intraday trading session, marking a significant upward movement for the specialty retailer.
The surge follows the company's release of its fiscal first-quarter 2026 results, which exceeded analyst expectations. Sally Beauty reported adjusted earnings per share of $0.48, beating the consensus estimate of $0.46. Quarterly revenue reached $943 million, also surpassing the expected $940.15 million.
Furthermore, the company raised the lower end of its fiscal 2026 adjusted EPS guidance to a range of $2.02 to $2.10, up from its previous forecast of $2.00 to $2.10. This positive revision, combined with the earnings and revenue beats, provided a strong catalyst for investor optimism, driving the stock's notable intraday gain.