Sally Beauty Holdings, Inc. operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care, skin and nail care, styling tools, and other beauty products for retail customers, salons, and salon professionals. This segment also provides products under third-party brands, such as Wella, Clairol, OPI, Conair, and Hot Shot Tools, as well as exclusive-label brand merchandise. The Beauty Systems Group segment offers professional beauty products, such as hair color and care, skin and nail care, styling tools, and other beauty items directly to salons and salon professionals through its professional-only stores, e-commerce Websites, and sales force, as well as through franchised stores under the Armstrong McCall store names. This segment also sells products under third-party brands, such as Paul Mitchell, Wella, Matrix, Schwarzkopf, Kenra, Goldwell, Joico, and Chi. As of November 12, 2020, the company operated 5,038 stores, including 143 franchised units in the United States, Puerto Rico, Canada, Mexico, Chile, Peru, the United Kingdom, Ireland, Belgium, France, the Netherlands, Spain, and Germany. It also distributes its products through full-service/exclusive distributors, open-line distributors, direct sales, and mega-salon stores. Sally Beauty Holdings, Inc. was founded in 1964 and is headquartered in Denton, Texas.
IPO Year:
Exchange: NYSE
Website: sallybeautyholdings.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/16/2025 | $14.00 | Buy | Canaccord Genuity |
11/25/2024 | $14.00 → $16.00 | Hold → Buy | TD Cowen |
11/15/2024 | Underperform → Mkt Perform | Raymond James | |
12/15/2022 | $15.00 | Overweight | Piper Sandler |
8/12/2022 | $17.00 | Outperform → Market Perform | Cowen |
6/29/2022 | Mkt Perform → Underperform | Raymond James | |
6/16/2022 | $19.00 → $12.00 | Equal-Weight → Underweight | Morgan Stanley |
5/5/2022 | Outperform → Perform | Oppenheimer | |
11/15/2021 | $22.00 → $23.00 | Equal-Weight | Morgan Stanley |
11/4/2021 | $24.00 → $22.00 | Outperform | Oppenheimer |
Canaccord Genuity initiated coverage of Sally Beauty with a rating of Buy and set a new price target of $14.00
TD Cowen upgraded Sally Beauty from Hold to Buy and set a new price target of $16.00 from $14.00 previously
Raymond James upgraded Sally Beauty from Underperform to Mkt Perform
Piper Sandler initiated coverage of Sally Beauty with a rating of Overweight and set a new price target of $15.00
Cowen downgraded Sally Beauty from Outperform to Market Perform and set a new price target of $17.00
Raymond James downgraded Sally Beauty from Mkt Perform to Underperform
Morgan Stanley downgraded Sally Beauty from Equal-Weight to Underweight and set a new price target of $12.00 from $19.00 previously
Oppenheimer downgraded Sally Beauty from Outperform to Perform
Morgan Stanley reiterated coverage of Sally Beauty Holdings with a rating of Equal-Weight and set a new price target of $23.00 from $22.00 previously
Oppenheimer reiterated coverage of Sally Beauty Holdings with a rating of Outperform and set a new price target of $22.00 from $24.00 previously