Skip to Content

Sally Beauty Holdings, Inc.

Company NameSally Beauty Holdings, Inc.
Stock SymbolSBH
Status1

On February 6, 2020, Sally Beauty announced its first quarter 2020 financial results in a press release. Therein, the Company reported net sales of $980.2 million, a 0.9% decline over the prior year period. According to Sally Beauty’s Chief Executive Officer (“CEO”) Chris Brickman, the shortfall was due, in part, to “implementation-related technology disruptions” which “led to product pricing issues, the misapplication and unintended increase of promotional discounts, and a resulting disruption of [the Company’s] planned marketing activities during the quarter.”

On this news, the Company’s share price fell $2.48, or over 15%, to close at $13.50 per share on February 7, 2020, on unusually heavy trading volume

 

Submit Your Information

If you suffered a loss on your Sally Beauty Holdings, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

Shares Purchased

Number of SharesBuy DatePrice Per ShareAdd

Shares Sold

Number of SharesSell DatePrice Per ShareAdd