April 17, 2014 11:13 PM ET

Specialty Retail

Company Overview of Sally Beauty Supply LLC

Company Overview

Sally Beauty Supply LLC operates beauty supplies stores in the United States, Puerto Rico, Canada, Mexico, Germany, the United Kingdom, Ireland, Belgium, France, and Spain. It offers hair products, such as hair colors, shampoos, conditioners, treatments, styling tools and appliances, hair extensions and accessories, brushes, combs, piks, clippers, trimmers, shears, shapers, and thinning hair products; and permanent waves, texturizers, straighteners, and relaxers. It offers face, eyes, lips, and brows make up products, such as brushes, applicators, make-up removers, cosmetic bags, cosmetic tools, and cosmetic accessories. It offers skincare products for face, eyes, lips, hands, and body; sun ...

3001 Colorado Boulevard

Denton, TX 76210

United States

Founded in 1964

Phone:

940-898-7500

Fax:

940-898-7927

Key Executives for Sally Beauty Supply LLC

President
Age: 53
Vice President of Finance
Compensation as of Fiscal Year 2013.

Sally Beauty Supply LLC Key Developments

Sally Beauty Supply LLC Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2013

Sally Beauty Supply LLC reported earnings results for the third quarter and nine months ended June 30, 2013. For the quarter, the company reported net sales of $559,150,000 and operating earnings were $117,672,000 against net sales of $553,419,000 and operating earnings were $117,622,000 a year ago. Sales growth is attributed to net new store openings and strong performance in the international businesses and was partially offset by a decline in same store sales in the U.S. business. For the nine months, the company reported net sales of $1,673,942,000 and operating earnings were $329,715,000 against net sales of $1,643,749,000 and operating earnings were $330,023,000 a year ago.

Sally Beauty Supply LLC Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended March 31, 2013

Sally Beauty Supply LLC announced unaudited earnings results for the second quarter and six months ended March 31, 2013. For the quarter, the company reported net sales were $555.98 million against $553.97 million a year ago. Operating earnings was $105.96 million against $111.33 million a year ago. Sales growth in the fiscal 2013 second quarter is attributed to net new store openings and was partially offset by softness in same store sales growth. Operating earnings and margin were negatively impacted by softer sales growth than the prior year quarter. For the six months, the company reported net sales were $1,114.79 million against $1,090.3 million a year ago. Operating earnings was $212.04 million against $212.4 million a year ago.

Sally Beauty Supply LLC Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2012

Sally Beauty Supply LLC reported unaudited consolidated earnings results for the fourth quarter and full year ended September 30, 2012. For the quarter, the company has posted sales of $554.7 million, up 6.0% from $523.4 million in the fiscal 2011 fourth quarter. The unfavorable impact of foreign currency exchange on Net Sales were $7.6 million, or 1.4% of sales. Same store sales growth was 3.8% against 6.4% in the fiscal 2011 fourth quarter. Segment operating earnings was $99.5 million, down 0.7% from $100.2 million in the fiscal 2011 fourth quarter. Segment operating margins decreased 120 basis points to 17.9% of sales from 19.1% in the fiscal 2011 fourth quarter. In the fiscal 2012 fourth quarter, segment operating results were negatively impacted by a $10.2 million charge related to a potential settlement of litigation. Sales growth in the fiscal 2012 fourth quarter was driven by same store sales, new store openings and acquisitions. Partially offsetting sales growth was an unfavorable impact of foreign currency exchange of $7.6 million, or 1.4% of sales. Gross profit margin expansion of 60 basis points resulted from a favorable shift in product and customer mix and low-cost sourcing initiatives. For the year, the company has sales of $2.2 billion, up 9.2% from fiscal year 2011. The unfavorable impact of foreign currency exchange was $22.6 million or 1.0% of sales on a full year basis. Same store sales growth of 6.5% versus 6.3% in fiscal year 2011. Segment operating earnings was $429.5 million, up 12.7% from $381.0 million in fiscal 2011. Segment operating margins increased 60 basis points to 19.5% of sales from 18.9% in fiscal 2011. In fiscal year 2012, segments operating results were negatively impacted by a $10.2 million charge related to a potential settlement of litigation. Net store base increased by 151 or 4.8% for total store count of 3,309. This increase is from organic store growth of 4.1% and 0.7% from acquisitions. Store growth in the North American business was 4.2% while store growth in the International business was 8.9%. Sales growth in fiscal 2012 was driven by same store sales, new store openings and acquisitions; unfavorable foreign currency exchange partially offset sales growth. Gross profit margin improvement resulted from a favorable shift in product and customer mix and low-cost sourcing initiatives.

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