Latest news with #BSG
Yahoo
6 days ago
- Business
- Yahoo
SBH Q1 Earnings Call: Margin Improvement Amid Revenue Pressures, Strategic Initiatives Drive Outlook
Beauty supply retailer Sally Beauty (NYSE:SBH) fell short of the market's revenue expectations in Q1 CY2025, with sales falling 2.8% year on year to $883.1 million. Its non-GAAP EPS of $0.42 per share was 6.8% above analysts' consensus estimates. Is now the time to buy SBH? Find out in our full research report (it's free). Revenue: $883.1 million (2.8% year-on-year decline) Adjusted EPS: $0.42 vs analyst estimates of $0.39 (6.8% beat) Revenue Guidance for Q2 CY2025 is $942.3 million at the midpoint, roughly in line with what analysts were expecting Operating Margin: 7.9%, up from 6.6% in the same quarter last year Locations: 4,446 at quarter end, down from 4,468 in the same quarter last year Same-Store Sales fell 1.3% year on year, in line with the same quarter last year Market Capitalization: $915.1 million Sally Beauty's first quarter results reflected the impact of a challenging consumer environment and external disruptions such as severe weather and a widespread flu season. CEO Denise Paulonis pointed to lower sales in both the Sally and BSG segments, with the latter particularly affected by illness among professional stylists and their clients. Despite these headwinds, management emphasized the company's ability to expand adjusted operating margins and maintain strong cash flow, crediting strict expense controls and ongoing efficiency initiatives. Paulonis also highlighted continued growth in core categories like hair color and the digital marketplace strategy, which helped offset softness in other product lines. Looking forward, Sally Beauty's guidance is shaped by ongoing economic uncertainty and shifts in consumer sentiment. Management expects modest recovery in its BSG segment as the flu season abates but remains cautious about spending patterns in the Sally segment, noting that value-focused promotions are resonating more with customers. CFO Marlo Cormier stated that the company's Fuel for Growth program will help mitigate inflationary pressures and higher operating costs in the coming quarters. Paulonis added, 'We are focused on executing our strategic pillars, including expanding our digital marketplace, product innovation, and the Sally brand refresh, to engage both existing and new customers despite near-term volatility.' Management identified macroeconomic uncertainty and operational execution on strategic initiatives as the main factors influencing the quarter, with cost controls supporting profitability even as sales declined. External headwinds: Both segments faced softer demand attributed to economic uncertainty, severe weather, and a significant flu season, which reduced store traffic and stylist appointments, especially at BSG. Digital marketplace momentum: The company's expanded digital marketplace, including partnerships with DoorDash, Instacart, and Uber Eats, drove a 29% year-over-year increase in ecommerce sales for Sally U.S. and Canada, helping to partially offset in-store sales declines. Product innovation and launches: Management highlighted robust innovation pipelines at both Sally and BSG, with recent launches such as Madison Reed Color and K18 haircare. These introductions are intended to drive higher engagement and increase share of wallet among both DIY consumers and professional stylists. Operational efficiency initiatives: The Fuel for Growth program has delivered $20 million in pre-tax benefits in the first half of the year, contributing to margin expansion and supporting cost mitigation efforts against inflation and potential tariff impacts. Brand refresh and new concepts: The ongoing Sally brand refresh, now rolling out across stores and digital channels, aims to modernize customer experience and attract new demographics. The Happy Beauty concept, focused on indie brands and experiential retail, is being refined based on early learnings from 20 open stores, with a shift toward emphasizing hot products and in-store experiences. Sally Beauty's outlook is influenced by consumer cautiousness, continued investment in digital and brand initiatives, and disciplined cost management. Consumer spending uncertainty: Management expects ongoing macroeconomic pressures and fluctuating consumer sentiment to weigh on same-store sales, particularly in discretionary categories, though they anticipate some recovery in the BSG segment as external disruptions ease. Strategic investment in digital and innovation: The company plans to further grow its digital marketplace and launch new products, with a focus on personalization and higher-margin owned brands, which management believes will drive future engagement and sales despite current headwinds. Cost containment and margin resilience: The Fuel for Growth program is expected to deliver $40–$45 million in annualized savings, helping to offset inflation and wage increases. Management sees limited exposure to tariffs in 2025 but has outlined contingency plans, including vendor cost sharing and selective price increases, to maintain profitability. In the coming quarters, the StockStory team will monitor (1) whether digital marketplace and ecommerce growth can continue to offset in-store softness, (2) the impact of new product launches and the Sally brand refresh on customer engagement and loyalty, and (3) the effectiveness of the Fuel for Growth program in sustaining margin improvements despite inflationary and tariff pressures. Developments in consumer sentiment and macroeconomic stability will also be key factors to watch. Sally Beauty currently trades at a forward P/E ratio of 4.6×. In the wake of earnings, is it a buy or sell? Find out in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Borneo Post
24-05-2025
- Borneo Post
AI in classrooms? Use your head, not just the tool, says S'wak minister
Lee (second left) presents a certificate of appreciation to a retired teacher, Choo Chong Lok, as Ching (left) looks on. MIRI (May 24): Teachers must strike a careful balance when leveraging artificial intelligence (AI) in the classroom, ensuring it enhances rather than undermines genuine academic effort, said Sarawak Transport Minister Dato Sri Lee Kim Shin. The Senadin assemblyman however noted the growing challenges educators face today, especially amid rapid technological advancements and the increasing integration of AI in education. 'In this era, the teaching profession is more demanding than ever and the education landscape has changed so much in the last two decades,' he said during the Sarawak Teachers' Union (STU) 22nd Annual General Meeting (AGM) at a hotel here today. Lee warned against overreliance on technology, particularly AI. While these tools can offer valuable support, he noted they also risk diminishing students' ability to think critically and engage deeply with academic content. 'In the past, students had to spend hours on real research and reflection. Now, with AI, it's far too easy to generate academic work with just a few clicks. 'This undermines the authenticity and effort that should define quality education,' he said. He stressed that while digitalisation in education is inevitable, it must be approached with care and balance. 'We have observed how technology can be used wisely to assist in teaching. There are both pros and cons. 'It's not just about having the latest tools, but knowing how to apply them meaningfully,' he said. Lee also pointed to the evolving responsibilities of teachers, who are now expected to adapt to digital teaching methods, incorporate electronic devices into their lessons, and monitor students' interaction with technology. Meanwhile, Lee presented the Bintang Setia Guru (BSG) awards to outstanding educators and announced a RM10,000 contribution to STU's annual fund, in recognition of the union's ongoing advocacy for teachers' welfare. Also present were STU secretary-general Chung Fui San who represented its president Kullin Djayang, as well as STU Miri chairman Ladde Rawing. AI classrooms Lee Kim Shin teachers
Time of India
24-05-2025
- Time of India
Three more accused arrested in 16 crore cryptocurrency scam
Varanasi: The cybercrime police on Thursday arrested three more persons, including the mastermind, for running a cryptocurrency scam and duping gullible people of Rs 16.5 crore. The police also recovered five mobile phones, two laptops, Rs 98,000 cash, and other electronic devices from them. Deputy Commissioner of Police, Saravanan T, said those arrested were Rajkumar Maurya from Buddha Vihar Colony in the Civil Lines police station area of Badaun, Arjun Sharma from Unwan in the Safipur police station area of Unnao, and Danish Khan from Golaghat in the Ramnagar police station area of Varanasi. During interrogation by the cybercrime police team, they confessed to creating fake websites and and a related fake cryptocurrency token named BSG. They listed the coin on the Vendex exchange and encouraged people to invest using multi-level marketing (MLM) tactics. Initially, they lured investors by offering bonuses and profits. Once significant investments were made, they delisted their coin from the exchange and fled. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cardiologists: Losing a Hanging Tummy Comes Down To This 1 Thing Health Wellness Journal Learn more Undo A victim from Ramnagar, Raj Kumar, filed a case at the cybercrime police station on May 14 alleging that he and his associates were defrauded of Rs 16.5 crore through the fake cryptocurrency BSG. A case was registered against eight people in this matter. So far police have arrested 7 people, and hunt is on for the 8th accused. The police conducted raids at various locations in Sonbhadra, Lucknow and Muzaffarnagar to nab the absconding accused. Get the latest lifestyle updates on Times of India, along with Brother's Day wishes , messages and quotes !
Time of India
23-05-2025
- Time of India
3 arrested in Varanasi for fake cryptocurrency scam defrauding Rs 16.5 crores
VARANASI: The cyber crime police on Thursday arrested three persons, including the mastermind, for defrauding Rs 16.5 crores under the guise of a fake cryptocurrency called BSG. The police recovered five mobile phones, two laptops, Rs 98,000 cash, and other electronic devices from them. The Deputy Commissioner of Police, Saravanan T, said that the arrested persons were identified as Rajkumar Maurya from Buddha Vihar Colony in the Civil Lines police station area of Badaun, Arjun Sharma from Unwan in the Safipur police station area of Unnao, and Danish Khan from Golaghat in the Ramnagar police station area of Varanasi. During interrogation by the cyber crime police team, they confessed to creating fake websites and and a related fake cryptocurrency token named BSG. They listed the coin on the Vendex exchange and encouraged people to invest using multi-level marketing (MLM) tactics. Initially, they lured investors by offering bonuses and profits. Once significant investments were made, they delisted their coin from the exchange and fled. A victim from Ramnagar, Raj Kumar , filed a case at the cyber crime police station on May 14. He alleged that he and his associates were defrauded of Rs 16.5 crores through the fake cryptocurrency BSG. A case was registered against eight people in this matter under sections 406, 420, 120B of IPC and 66D IT Act. Three persons were already arrested. Additionally, an accused, Shubham alias Vishal Maurya, a resident of Macharhatta Ramnagar and originally from Majhiyar in the Adalhat police station area of Mirzapur, was also apprehended. Now, three more suspects were arrested. One person is still at large, and three police teams are searching for him. The police conducted raids at various locations in Sonbhadra, Lucknow, and Muzaffarnagar.
Medscape
07-05-2025
- Health
- Medscape
New Guidelines for Bowel Cancer Monitoring in IBD Patients
The British Society of Gastroenterology (BSG) has published new guidelines on colorectal cancer surveillance for patients with inflammatory bowel disease (IBD). Published in the BMJ journal Gut , the guidance replaces the 2019 recommendations and reflects the latest evidence-based consensus. The BSG stated that IBD patients are at elevated risk of developing and dying from colorectal cancer (CRC). This persists despite advanced IBD therapies yielding better inflammation control, along with better colonoscopic surveillance, and reductions in environmental risk factors. GRADE-Based Evidence and Broad Expert Input The new guidelines were developed using GRADE (Grading of Recommendations Assessment, Development and Evaluation) methodology, a Cochrane Collaboration-recommended systematic approach to rating the certainty of evidence in systematic reviews and other evidence syntheses. A multidisciplinary, multi-centre team contributed to the guidelines. This included academics from the universities of Oxford, Newcastle, and Central Lancashire, as well as physicians, endoscopists, surgeons, specialist nurses, and patient representatives. The team reviewed more than 7500 publications to create 73 statements aimed at supporting clinical decision-making and delivering best practice IBD colorectal surveillance in IBD. Best Advice for Clinicians Joint first author Professor James East, consultant gastroenterologist and endoscopist at the University of Oxford's Translational Gastroenterology and Liver Unit, said in a press release that the guidelines offer 'accurate, up-to-date advice for clinicians working with IBD patients', and give them 'the tools they need to give the best possible care and treatment for their patients'. The document covers key areas such as how to discuss CRC risk with individual IBD patients, eligibility for surveillance, timing and frequency of colonoscopies, and how surveillance services should be structured. Focus on Transparency and Individualised Care Professor Morris Gordon, coauthor and director of the Biomedical Evidence Synthesis and Translations (BEST) unit at the University of Central Lancashire in Preston, said the team employed 'a significant shift in approach', stemming from the methods used and how these were applied to produce the document. The guidelines 'fully applied the highest calibre of GRADE methods', Gordon told Medscape News UK . While this international gold standard is universally accepted as the only viable option for guidelines, 'execution is often variable'. He explained that it is common in situations where evidence is poor for guideline groups to 'revert to eminence and opinion'. This approach risked misleading the audience in terms of the strength of the evidence. Gordon highlighted the transparent use of GRADE methods to produce the updated guidelines. He noted that evidence graded using this method is clearly identified, and expert opinions or good practice statements are labelled separately. This enabled the team to be 'very transparent', helping clinicians understand not only the recommendations but also the strength and limitations of the supporting evidence. One significant innovation is the operational use of a risk threshold calculator. This tool aims to support shared decision-making between clinicians and patients. New Insights on Screening Techniques The guidelines also address colonoscopy preparation. Evidence suggests that for bowel preparation before the procedure, a lower volume or no polyethylene glycol (PEG) solutions are equally effective and better tolerated by patients. In terms of imaging, dye-based chromoendoscopy showed superior detection compared with high-definition white light alone. This may mark a significant shift in screening technique. Risk-Based Surveillance Intervals Catherine Winsor, director of services and evidence at Crohn's & Colitis UK, welcomed the new guidance as 'a huge step forward'. She told Medscape News UK that the changes 'should detect more colorectal cancers at an earlier stage in patients with IBD'. While most people with IBD will not go on to develop colorectal cancer, early diagnosis of CRC is vital, as more than 9 in 10 people survive if diagnosed at stage one. 'The guidelines provide clear advice on the risk stratification of patients, and this stratification informs surveillance colonoscopy intervals,' Winsor explained. They recommend frequencies for surveillance colonoscopy according to patients' risk level: High risk: every year Intermediate risk: every 3 years Low risk: every 5 years Recommendations for Early Screening and Dysplasia Management The BSG advises that all IBD patients undergo a colonoscopy approximately 8 years after symptom onset. Patients with primary sclerosing cholangitis should have a colonoscopy at diagnosis. Chromoendoscopy is recommended for high-risk patients, as it improves dysplasia detection. Winsor added that the guidelines 'include clear protocols for the subsequent treatment of dysplasia', with chromoendoscopy recommended as the preferred technique for surveillance of high-risk patients, as it enhances the detection of dysplasia. The work was supported by the National Institute for Health and Care Research (NIHR), the Oxford Biomedical Research Centre, and the NIHR Newcastle Biomedical Research Centre.
