Sally Beauty (NYSE:SBH – Get Free Report) updated its third quarter 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 0.520-0.560 for the period, compared to the consensus estimate of 0.580. The company issued revenue guidance of $932.0 million-$942.0 million, compared to the consensus revenue estimate of $947.0 million.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating in a research note on Tuesday, March 10th. Canaccord Genuity Group lifted their price objective on shares of Sally Beauty from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Jefferies Financial Group reiterated a “hold” rating and issued a $16.00 price objective on shares of Sally Beauty in a research note on Wednesday, January 14th. Raymond James Financial raised shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 price target for the company in a report on Wednesday, January 21st. Finally, Morgan Stanley raised their price target on shares of Sally Beauty from $14.00 to $16.00 and gave the company an “underweight” rating in a report on Tuesday, February 10th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Sally Beauty has an average rating of “Hold” and a consensus price target of $17.80.
Get Our Latest Analysis on Sally Beauty
Sally Beauty Stock Down 7.5%
Sally Beauty (NYSE:SBH – Get Free Report) last announced its quarterly earnings results on Monday, May 11th. The specialty retailer reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. Sally Beauty had a net margin of 4.87% and a return on equity of 26.07%. The firm had revenue of $903.38 million during the quarter, compared to the consensus estimate of $900.78 million. During the same period last year, the firm earned $0.42 EPS. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. Analysts anticipate that Sally Beauty will post 2.07 EPS for the current fiscal year.
More Sally Beauty News
Here are the key news stories impacting Sally Beauty this week:
- Positive Sentiment: Sally Beauty beat Q2 earnings and revenue expectations, showing that demand and execution held up better than analysts expected. Business Wire: Sally Beauty Holdings Reports Second Quarter Fiscal 2026 Results
- Positive Sentiment: Operating cash flow improved sharply year over year, reinforcing the quality of the quarter and the company’s ability to generate cash. TipRanks: Sally Beauty Reports Solid Q2 Results, Tightens 2026 Outlook
- Neutral Sentiment: Several commentary pieces framed the stock as reacting to broader market pressure and post-earnings volatility rather than a change in the business trend. Kalkine Media: Sally Beauty Stock Struggles As NYSE Composite Pressure Builds
- Negative Sentiment: The company’s guidance missed consensus, raising concerns that sales growth could slow as consumers become more price-sensitive. Seeking Alpha: Sally Beauty turns lower after warning on more ‘frugality’ in the marketplace
Institutional Trading of Sally Beauty
A number of hedge funds have recently made changes to their positions in SBH. Osaic Holdings Inc. lifted its holdings in shares of Sally Beauty by 1,365.0% during the 2nd quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 2,730 shares during the last quarter. Larson Financial Group LLC lifted its holdings in shares of Sally Beauty by 392.5% during the 3rd quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 1,519 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Sally Beauty during the 2nd quarter worth $34,000. iSAM Funds UK Ltd bought a new stake in shares of Sally Beauty during the 3rd quarter worth $35,000. Finally, Intesa Sanpaolo Wealth Management bought a new stake in shares of Sally Beauty during the 4th quarter worth $36,000.
About Sally Beauty
Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.
Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.
See Also
- Five stocks we like better than Sally Beauty
- Sell in May and Go Away—Starting With These 3 Stocks
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
Receive News & Ratings for Sally Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sally Beauty and related companies with MarketBeat.com's FREE daily email newsletter.
