Sally Beauty Holdings (NYSE:SBH) is now trading -21.97% off 52-week high price. On the other end, the stock has been noted 49.65% away from the low price over the last 52-weeks. The stock changed -1.78% to recent value of $17.15. The stock transacted 1234682 shares during most recent day however it has an average volume of 1.59M shares. The company has 121.17M of outstanding shares and 115.11M shares were floated in the market.
On Jan. 7, 2020, Sally Beauty Holdings (NYSE:SBH) released the launch of its new brand campaign as the expert leader in hair color, hair care and nail care. The relaunch is underscored by the brand’s new motto, Unleash Your PROtential: a call to action communicating to customers that Sally Beauty is committed to empowering beauty enthusiasts to achieve salon-quality results from the comforts of home. For the first time, Sally Beauty is promoting its brand relaunch with national media and market activations throughout the fiscal year.
For the last five decades, Sally Beauty has provided customers with top-quality products so they can be their own ‘pro’ at home, said Chris Brickman, Chief Executive of Sally Beauty Holdings. We’ve evolved from a single-store in New Orleans to a global operation comprising more than 5,000 locations. We are proud to launch a new era here at Sally that reaffirms our authority in the hair and beauty industry.
In select cities, Sally shoppers will discover a new in-store experience featuring new brand messaging, improved wayfinding, additional training for associates, as well as updated POS systems and integration of AI technology. The improvements are designed to help consumers make more confident purchase decisions.
Its earnings per share (EPS) expected to touch remained 19.20% for this year while earning per share for the next 5-years is expected to reach at 3.70%. SBH has a gross margin of 49.30% and an operating margin of 11.80% while its profit margin remained 7.00% for the last 12 months.
According to the most recent quarter its current ratio was 2.6 that represents company’s ability to meet its current financial obligations. The price moved ahead of -5.30% from the mean of 20 days, -5.13% from mean of 50 days SMA and performed 9.22% from mean of 200 days price. Company’s performance for the week was -5.41%, -8.78% for month and YTD performance remained -6.03%.
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