Stock Monitor: Finish Line Post Earnings Reporting

LONDON, UK / ACCESSWIRE / December 28, 2017 / Active-Investors.com has just released a free earnings report on Sally Beauty Holdings, Inc. (NYSE: SBH) ("Sally Beauty"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=SBH. The Company posted its financial results on November 15, 2017, for the fourth quarter of the fiscal year 2017. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for The Finish Line, Inc. (NASDAQ: FINL), which also belongs to the Services sector as the Company Sally Beauty. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Sally Beauty Holdings most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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Earnings Highlights and Summary

For the three months ended September 30, 2017, Sally Beauty's net revenue decreased 0.2% to $974.20 million from $976.36 million in Q4 FY16. The Company's net revenue numbers were below analysts' expectations of $989.97 million.

As on September 30, 2017, the Company had 5,150 stores compared to 5,119 stores as on September 30, 2016. For the reported quarter, the Company's same store sales growth was negative 1.4% compared to positive 1.2% in the fourth quarter of 2016.

During Q4 FY17, Sally Beauty's gross profit decreased 0.2% to $482.44 million from $483.44 million in the same period of last year. For the reported quarter, the Company's gross margin was on par with the 49.5% of revenue recorded in Q4 FY16.

During Q4 FY17, Sally Beauty's earnings before interest, tax, depreciation, and amortization (EBITDA) increased 1.6% to $140.12 million from $137.95 million in the comparable period of last year. During Q4 FY17, Sally Beauty's adjusted EBITDA decreased 1.8% to $150.45 million from $153.20 million in Q4 FY16. For the reported quarter, the Company's adjusted EBITDA margin decreased 30 basis points to 15.4% of revenue from 15.7% of revenue in Q4 FY16.

During Q4 FY17, Sally Beauty's operating income increased 0.9% to $111.76 million from $110.82 million in the corresponding period of last year. For the reported quarter, the Company's operating margin increased 10 basis points to 11.5% of revenue from 11.4% of revenue in Q4 FY16. For the reported quarter, the Company's adjusted operating margin decreased 30 basis points to 12.3% of revenue from 12.6% of revenue in Q4 FY16.

During Q4 FY17, Sally Beauty's earnings before tax (EBT) decreased 29.4% to $59.48 million from $84.20 million in the same period of last year. For the reported quarter, the Company's EBT margin decreased 250 basis points to 6.1% of revenue from 8.6% of revenue in Q4 FY16.

For the reported quarter, Sally Beauty's net income decreased 32.1% to $35.72 million from $52.62 million in Q4 FY16. During Q4 FY17, the Company's diluted earnings per share (EPS) decreased 25% to $0.27 from $0.36 in the comparable period of last year. For the reported quarter, Sally Beauty's adjusted net income decreased 2.4% to $59.04 million from $60.48 million in Q4 FY16. During Q4 FY17, the Company's adjusted diluted EPS increased 9.8% to $0.45 on a y-o-y basis from $0.41 in Q4 FY16. The adjusted diluted EPS was below analysts' expectations of $0.47.

Segment Details

Sally Beauty Supply (SBS) - During Q4 FY17, the Company's SBS segment's net revenue decreased 0.8% to $584.38 million from $589.27 million in the corresponding period of last year. For the reported quarter, the segment's gross margin increased 10 basis points to 55.1% of revenue from 55.0% of revenue in Q4 FY16. For the reported quarter, the segment's operating margin decreased 100 basis points to 15.6% of revenue from 16.6% of revenue in Q4 FY16.

Beauty Systems Group (BSG) - During Q4 FY17, the Company's BSG segment's net revenue increased 0.7% to $389.81 million from $387.09 million in the same period of last year. For the reported quarter, the segment's gross margin increased 10 basis points to 41.2% of revenue from 41.1% of revenue in Q4 FY16. For the reported quarter, the segment's operating margin was on par with the 15.7% of revenue recorded in Q4 FY16.

Balance Sheet

As on September 30, 2017, Sally Beauty's cash and cash equivalents decreased 26.4% to $63.76 million from $86.62 million as on September 30, 2016. For the reported quarter, the Company's long-term debt, including capital leases, decreased 0.6% to $1.77 billion from $1.78 billion in Q4 FY16.

For the reported quarter, the Company's trade and other accounts receivables increased 9.8% to $92.24 million from $83.98 million in Q4 FY16. For the reported quarter, the Company's accounts payable increased 13.4% to $307.75 million from $271.38 million in Q4 FY16.

During Q4 FY17, the Company's net cash provided by operating activities increased 18.4% to $120.96 million from $102.19 million in the comparable period of last year. During Q4 FY17, the Company's operating free cash flow increased 58.4% to $97.87 million from $61.77 million in Q4 FY16.

Stock Performance Snapshot

December 27, 2017 - At Wednesday's closing bell, Sally Beauty Holdings' stock was slightly down 0.86%, ending the trading session at $18.55.

Volume traded for the day: 924.48 thousand shares.

Stock performance in the last month - up 16.30%

After yesterday's close, Sally Beauty Holdings' market cap was at $2.42 billion.

Price to Earnings (P/E) ratio was at 11.97.

The stock is part of the Services sector, categorized under the Specialty Retail, Other industry. This sector was flat at the end of the session.

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