Sally Beauty Holdings, Inc. Announces Fiscal 2013 Third Quarter Results

        

Consolidated net sales of $912.1 million, up 2.8%

          Same store sales growth of 0.7% vs. growth of 5.2% in 3Q12

          Consolidated gross margin of 50.1%

          3Q13 net earnings of $72.5 million with earnings per share of $0.42, growth of 13.5%                   

Repurchased $93.8 million, or 3.1 million shares of stock in 3Q13  

    

DENTON, Texas--(BUSINESS WIRE)--Aug. 1, 2013-- Sally Beauty Holdings, Inc. (NYSE: SBH) (the “Company”) today announced financial results for the fiscal 2013 third quarter. The Company will hold a conference call today at 10:00 a.m. (Central) to discuss these results and its business.
“Our fundamental business drivers are solid and we remain confident in the long term health of our business,” stated Gary Winterhalter, Chairman, President and Chief Executive Officer. “During the third quarter, customer traffic at our BSG and Sally International businesses was healthy; however, store traffic from the non-Beauty Club Card customer in the Sally U.S. business was soft.

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