SBH

EX-99.1

2 exhibit991.htm

EX-99.1

exhibit991

Contact: Jeff Harkins Investor Relations 940-297-4131 jharkins@sallybeauty.com Sally Beauty Holdings Reports Fourth Quarter and Full Year 2026 Results; Delivers Sales, Operating Earnings and Double-Digit EPS Growth in the Fourth Quarter  Q4 Consolidated Net Sales Increased 0.6%; Consolidated Comparable Sales Grew 0.9%  Q4 GAAP Diluted EPS Increased 22%; Adjusted Diluted EPS Increased 13%  Full Year GAAP Diluted EPS Increased 7%; Adjusted Diluted EPS Increased 9%  Full Year Cash Flow from Operations of $323 Million Deployed to Invest for Growth, Strengthen Balance Sheet and Return Value to Shareholders  Company Provides Fiscal 2027 Guidance In line with Financial Algorithm PLANO, Texas, November 10, 2026 – Sally Beauty Holdings, Inc. (NYSE: SBH) (the “Company”), the leader in professional hair color, today announced financial results for its fourth quarter and full year ended September 30, 2026. The Company will hold a conference call today at 7:30 a.m. Central Time to discuss these results and its business. “We finished fiscal 2026 with positive momentum, delivering fourth quarter sales, operating earnings and double-digit adjusted EPS growth,” said Denise Paulonis, president and chief executive officer. “Throughout the year, we strengthened our business through disciplined execution, new customer growth, digital and omnichannel expansion, product innovation, and continued advancement of our long-term growth agenda. We generated $323 million of cash from operations, strengthened our balance sheet, and returned significant capital to shareholders while continuing to invest in our future. As we enter fiscal 2027, we are focused on scaling the capabilities and growth platforms we have built, deepening customer engagement, and generating profitable growth, all in support of driving long-term shareholder value.” Fiscal 2026 Fourth Quarter Summary • Consolidated net sales of $953 million, an increase of 0.6% compared to the prior year; • Consolidated comparable sales growth of 0.9%; • Global e-commerce sales increased 8% to $113 million, representing 12% of net sales; • GAAP gross margin of 51.9%, a decrease of 30 basis points compared to the prior year; • GAAP selling, general and administrative expenses were $402 million; • Adjusted Selling, General and Administrative Expenses of $400 million, a decrease of $5 million compared to the prior year; • GAAP operating earnings of $92 million and GAAP operating margin of 9.7%, an increase of 130 basis points compared to the prior year;

• Adjusted Operating Earnings of $95 million and Adjusted Operating Margin of 10.0%, an increase of 60 basis points compared to the prior year; • GAAP diluted net earnings per share of $0.60, an increase of 22% compared to the prior year; • Adjusted Diluted Net Earnings Per Share of $0.62, an increase of 13% compared to the prior year; • Cash flow from operations of $75 million and Free Cash Flow of $47 million; and • Completed $20 million in term loan repayment and $42 million in share repurchases. Fiscal 2026 Full Year Summary • Consolidated net sales of $3.73 billion, an increase of 0.9% compared to the prior year; • Consolidated comparable sales growth of 0.5%; • Global e-commerce sales increased 10% to $441 million, representing 12% of net sales; • GAAP gross margin of 52.0%, Adjusted Gross Margin expansion of 40 basis points to 52.1%; • GAAP selling, general and administrative expenses of $1.62 billion; • Adjusted Selling, General and Administrative Expenses of $1.61 billion, an increase of $25 million compared to the prior year; • GAAP operating earnings of $326 million and GAAP operating margin of 8.7%, a decrease of 20 basis points compared to the prior year; • Adjusted Operating Earnings of $334 million and Adjusted Operating Margin of 9.0%, an increase of 10 basis points compared to the prior year; • GAAP diluted net earnings per share of $2.02, an increase of 7% compared to the prior year; • Adjusted Diluted Net Earnings Per Share of $2.08, an increase of 9% compared to the prior year; • Cash flow from operations of $323 million and Free Cash Flow of $210 million; and • Completed $80 million in term loan repayments and $113 million in share repurchases. Balance Sheet and Cash Flow As of September 30, 2026, the Company had cash and cash equivalents of $158 million and no outstanding borrowings under its asset-based revolving line of credit. Inventory was $1.00 billion, up 1% versus a year ago. Fourth quarter cash flow from operations was $75 million and Free Cash Flow totaled $47 million. During the quarter, the Company utilized its cash flow to repay $20 million of term loan B debt and repurchase 2.6 million shares under its share repurchase program at an aggregate cost of $42 million. The Company ended the fourth quarter with a net

EX-99.1

2 exhibit991.htm

EX-99.1

exhibit991

Contact: Jeff Harkins Investor Relations 940-297-4131 jharkins@sallybeauty.com Sally Beauty Holdings Reports Third Quarter Fiscal 2026 Results  Q3 Consolidated Net Sales Increased 0.2%; Consolidated Comparable Sales Flat  Q3 GAAP Diluted EPS Increased 25%; Adjusted Diluted EPS Increased 8%  Q3 Cash Flow from Operations of $81 Million Deployed to Invest for Growth, Strengthen Balance Sheet and Return Value to Shareholders  Narrows Full Year Fiscal 2026 Outlook Within Prior Guidance Ranges PLANO, Texas, August 3, 2026 – Sally Beauty Holdings, Inc. (NYSE: SBH) (the “Company”), the leader in professional hair color, today announced financial results for its third quarter ended June 30, 2026. The Company will hold a conference call today at 7:30 a.m. Central Time to discuss these results and its business. “Our third quarter results reflect the progress we are making against our long-term strategy and the underlying strength of our operating model,” said Denise Paulonis, president and chief executive officer. “We delivered solid EPS growth and strong cash flow while continuing to invest in the initiatives that are reshaping our customer experience, expanding our reach and strengthening our competitive position. Sally U.S. and Canada delivered another strong quarter with 3.5% comparable sales growth, supported by the strength of hair color, digital growth and new customer acquisition. Importantly, the traction we are seeing across our strategic initiatives has helped drive 9% adjusted EPS growth year-to-date, underscoring our ability to deliver profitable growth while investing in the future. As we enter the final quarter of fiscal 2026, we remain focused on investing behind the growth initiatives that position Sally Beauty Holdings to deliver sustainable, profitable growth and long-term shareholder value.” Fiscal 2026 Third Quarter Summary • Consolidated net sales of $935 million, an increase of 0.2% compared to the prior year; • Consolidated comparable sales were flat; • Global e-commerce sales increased 11% to $110 million, representing 12% of net sales; • GAAP gross margin expansion of 90 basis points to 52.4%; • Adjusted Gross Margin expansion of 40 basis points to 52.4%; • GAAP selling, general and administrative expenses of $404 million, an increase of $1 million compared to the prior year; • Adjusted Selling, General and Administrative Expenses of $404 million, an increase of $5 million compared to the prior year; • GAAP operating earnings of $86 million and GAAP operating margin of 9.2%;

• Adjusted Operating Earnings of $87 million and Adjusted Operating Margin of 9.3%; • GAAP diluted net earnings per share of $0.55, an increase of 25% compared to the prior year; • Adjusted Diluted Net Earnings Per Share of $0.55, an increase of 8% compared to the prior year; • Cash flow from operations of $81 million and Free Cash Flow of $62 million; and • Completed $20 million in term loan repayment and $25 million in share repurchases. Balance Sheet and Cash Flow As of June 30, 2026, the Company had cash and cash equivalents of $173 million and no outstanding borrowings under its asset-based revolving line of credit. At the end of the quarter, inventory was $996 million, down 1% versus a year ago. Third quarter cash flow from operations was $81 million and Free Cash Flow totaled $62 million. During the quarter, the Company utilized its cash flow to repay $20 million of term loan B debt and repurchase 1.9 million shares under its share repurchase program at an aggregate cost of $25 million. The Company ended the third quarter with a net debt leverage ratio of 1.4x. Fiscal 2026 Third Quarter Segment Results Fiscal Year 2026 Guidance* ∗ The Company does not provide a reconciliation for forward-looking non-GAAP financial measures where it is unable to provide a meaningful or accurate calculation or estimation of its reconciling items and the (In thousands, except percentages) Q3 FY26 Q3 FY25 Growth/(Decline) Q3 FY26 Q3 FY25 Growth/(Decline) Net Sales 538,570$ 526,782$ 2.2% 396,920$ 406,525$ (2.4)% Comparable Sales Growth/(Decline) 1.6% (1.1)% 270 bps (2.1)% 0.5% (260) bps Gross Margin 61.5% 60.9% 60 bps 40.1% 39.4% 70 bps Operating Earnings 89,356$ 83,305$ 7.3% 48,973$ 50,672$ (3.4)% Operating Margin 16.6% 15.8% 80 bps 12.3% 12.5% (20) bps Sally Beauty Beauty Systems Group Full Year Prior FY26 Guidance Updated FY26 Guidance Consolidated Net Sales $3.725 billion to $3.750 billion $3.725 billion to $3.733 billion (1) Comparable Sales Flat to up 1% Approximately 0.5% Adjusted Operating Earnings $328 million to $342 million $329 million to $335 million Adjusted Diluted EPS $2.02 to $2.10 $2.04 to $2.08 (2) Capital Expenditures Approximately $100 million No change Free Cash Flow Approximately $200 million No change (1) Assum

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