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Sally Beauty (NYSE:SBH) Releases Earnings Results, Misses Expectations By $0.04 EPS
Sally Elegance (NYSE:SBH – Get Ranking) posted its quarterly earnings information on Thursday. The specialty retailer noted $.47 earnings for each share for the quarter, lacking analysts’ consensus estimates of $.51 by ($.04), MarketWatch Earnings stories. Sally Splendor experienced a return on equity of 125.54{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} and a web margin of 6.42{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720}. The company experienced earnings of $911.40 million for the quarter, in comparison to analysts’ expectations of $951.20 million. During the identical time period in the prior 12 months, the firm posted $.57 EPS. The firm’s profits was down 1.6{5c5ba01e4f28b4dd64874166358f62106ea5bcda869a94e59d702fa1c9707720} when compared to the exact same quarter very last yr. Shares of SBH inventory opened at $14.87 on Friday. The…