Sally Beauty Q2 earnings down 4.3%
New York -- Sally Beauty Holdings Inc.’s second-quarter earnings decreased 4.3% amid sluggish sales. The company earned $64.9 million in the quarter ended March 31, compared with $67.8 million in the year-ago period.
Revenue rose 1% to $898.2 million from $889.3 million in the year-ago period.
Same-store sales were down 0.8%.
Gary Winterhalter, chairman, president and CEO says that the quarter's performance reflected in part lower traffic fueled by two fewer days compared with the prior year quarter.