Company News

Sales Rise 12.6% at Sally Beauty

New business adds to store growth.

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By: TOM BRANNA

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Sally Beauty Holdings, Inc. posted strong financial results for its fiscal 2011 third quarter.For the fiscal 2011 third quarter, consolidated net sales were $836.6 million, an increase of 12.6% from the fiscal 2010 third quarter. This sales increase is attributed to same store sales growth, acquisitions and the addition of new stores.
Consolidated same store sales growth in the fiscal 2011 third quarter was 5.9%.Consolidated gross profit for the fiscal 2011 third quarter was $410.5 million, an increase of 13.8%, according to the company.

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