Mark Yagalla
Gold, currencies, macro, commodities

Sally Beauty Holdings: Looks To Be A Beautiful Investment With Multiple Growth Levers

Shares of Sally Beauty Holdings (NYSE:SBH) have been range-bound for quite some time. However, I think shares of Sally Beauty are setting themselves up for a breakout to the upside. Inside last month's earnings report, there were a lot of positives, as the company is well-positioned in the growing beauty industry. While other retailers have posted weak comparable sales, Sally Beauty saw strong comparable sales in Q1. I think Mr. Market is missing Sally Beauty's leading position in the industry and the potential for continued expansion in international markets.

Q1 results

EPS for Q1 missed expectations by only $0.01. Revenues rose 3.9% year-over-year and were $6.32 million higher than expectations. Comparable sales were the highest they have been...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details