BUZZ-Sally Beauty falls after forecasting annual profit below estimates
Reuters
Feb 09
BUZZ-Sally Beauty falls after forecasting annual profit below estimates
** Shares of beauty products retailer Sally Beauty SBH.N down 3.6% at $15.58 premarket
** Co lifts annual adjusted EPS forecast to between $2.02 and $2.10 vs. prior forecast of $2.00 to $2.10; mid-point of new forecast is below analysts' estimates of $2.07 - data compiled by LSEG
** Expects Q2 adjusted EPS in the range of 39 cents to 42 cents vs. estimates of 45 cents
** Reports Q1 revenue of $943.2 million vs. estimates of $940.2 million
** Logs Q1 adjusted profit per share of 48 cents, above expectations of 46 cents
** In 2025, SBH rose ~36%
(Reporting by Sanskriti Shekhar in Bengaluru )
((Sanskriti.Shekhar@thomsonreuters.com))
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