Latest news with #Sally
Yahoo
7 hours 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
Yahoo
a day ago
- Climate
- Yahoo
Why Slow-Moving Tropical Storms And Hurricanes Can Be Worse Than Major Hurricanes
Tropical storms and hurricanes that move slowly near the coast or inland are among the most feared by forecasters. Sometimes these tropical cyclones may not have powerful wind speeds, but the threats posed can be amplified due to their sluggish pace. Here's a look at what a slow speed means for rainfall potential and some other typical threats from a storm that's in no hurry to exit a region. In focus: The slower a storm moves, the more incredible the rainfall amounts can become. A storm chugging along at just 5 mph has a rainfall potential upwards of 30 inches, while one moving briskly at 20 mph typically produces much smaller rain totals in any given location. When this occurs near mountainous terrain, rainfall totals can be further enhanced. Reinforced: A landfalling major hurricane that is moving at an average or faster-than-average pace can drop less rainfall than a slow-moving tropical depression or storm. Why you should pay attention: Freshwater flooding fatalities now greatly outweigh deaths from other hurricane hazards, including wind speeds – and this proportion of deaths to other hazards continues to grow. Poster child for flooding: Hurricane Harvey is the most extreme example of major flooding caused by a storm that stalls out or moves slowly. Catastrophic damage occurred in Houston and other parts of southeastern Texas after Harvey spent days soaking the state. Much of this rain fell well after the storm was no longer a hurricane. Recent example: Hurricane Sally (2020) punished the Alabama and Florida coasts with two days of tropical storm conditions, which led to up to 30 inches of rain. Swift water rescues were needed in southern Alabama and the western Florida panhandle as roads and bridges washed out. Tropical storms can be deadly, too: Tropical Storm Allison and its remnants loitered for days in the Houston area in June 2001, unleashing more than 40 inches of rain that resulted in massive flooding and 23 deaths in Texas alone. (MORE: Further beef up your forecast with our detailed, hour-by-hour breakdown for the next 8 days – only available on our Premium Pro experience.) In focus: Storms that stall or move at a snail's pace near the coastline pile up water and prolong the coastal flooding potential. In addition, large battering waves over a longer period can worsen damage to the coastline, including severe beach erosion. This is because the winds blow onshore for a longer period. Why you should pay attention: The persistence of winds can keep water pinned along the coast and in inlets, bays and rivers, causing damage to homes, businesses, boats and other structures for hours to days. Flooding example: Hurricane Sally (2020) daddled near the northern Gulf Coast producing 5 to 7 feet of storm surge in some communities from Alabama to Florida, including in Pensacola as shown below. The storm's slow motion toward the coast meant that the storm's storm surge lasted more than three days. The reverse can be true, too: Hurricane Sally also emptied Mobile Bay on the backside of the storm's circulation. Water levels dropped in the Bay by up to 7 feet. (MORE: For even more granular weather data tracking in your area, view your 15-minute details forecast in our Premium Pro experience.) In focus: Tropical storms and hurricanes can down trees no matter what speed they move, but when the winds continue for hours and hours, impacts can be enhanced. Why you should pay attention: Prolonged wind events increase the stress on trees and other structures. When combined with hours of heavy rainfall, trees are more likely to fall in soggy soil conditions even at lower wind speeds. Power outages and damage to homes and vehicles become increasingly likely as a storm drags on. MORE ON TROPICAL STORMS AND HURRICANES: What The Cone Of Uncertainty Means, And What It Doesn't Changes Ahead For The 2025 Hurricane Season How A Hurricane Hundreds Of Miles Away Can Change Your Plans Jonathan Belles has been a digital meteorologist for for 9 years and also assists in the production of videos for The Weather Channel en español. His favorite weather is tropical weather, but also enjoys covering high-impact weather and news stories and winter storms. He's a two-time graduate of Florida State University and a proud graduate of St. Petersburg College.
The Age
a day ago
- Business
- The Age
Aged care costs are soaring but you can still do it on a budget. Here's how
Not everyone moving into aged care has a house they can sell, or superannuation to draw down. For many senior Australians their only income is the age pension, and the thought of paying $750,000 for aged care can be overwhelming. But the good news is there is financial support for those of limited means – if you meet the criteria at the right time. The aged care means test, which looks at your assets and your income, determines how much you can pay and what government support you're eligible for. Under the income test your accommodation contribution is calculated at 50c per dollar above that of a full pensioner, which is about $33,800 a year. When it comes to your assets, the first $61,500 is exempt and assets between $61,500 and $206,663 have a contribution rate of 17.5 per cent. The outcome of the two tests are then added together. Put simply, if you are a full pensioner you just need to have assets below $206,663 to qualify. As a low-means resident you pay the basic daily fee, which is 85 per cent of the age pension. Currently, that's just under $64 a day. The big difference is in what you pay for your accommodation. While the aged care home may have advertised prices of $750,000 or more, the amount you will pay is based on your assets and income. If you are funding aged care on a shoestring, start with a means assessment, find homes that have low-means places, and get advice early. Let's look at an example. Sally is a full pensioner with $95,000 of assessable assets. Under the income test her contribution is zero – as a full pensioner her income is under the threshold. Under the assets test her accommodation contribution will be $16 per day. On the other side, the government will pay up to $54 a day to the aged care home for her accommodation.
Sydney Morning Herald
a day ago
- Business
- Sydney Morning Herald
Aged care costs are soaring but you can still do it on a budget. Here's how
Not everyone moving into aged care has a house they can sell, or superannuation to draw down. For many senior Australians their only income is the age pension, and the thought of paying $750,000 for aged care can be overwhelming. But the good news is there is financial support for those of limited means – if you meet the criteria at the right time. The aged care means test, which looks at your assets and your income, determines how much you can pay and what government support you're eligible for. Under the income test your accommodation contribution is calculated at 50c per dollar above that of a full pensioner, which is about $33,800 a year. When it comes to your assets, the first $61,500 is exempt and assets between $61,500 and $206,663 have a contribution rate of 17.5 per cent. The outcome of the two tests are then added together. Put simply, if you are a full pensioner you just need to have assets below $206,663 to qualify. As a low-means resident you pay the basic daily fee, which is 85 per cent of the age pension. Currently, that's just under $64 a day. The big difference is in what you pay for your accommodation. While the aged care home may have advertised prices of $750,000 or more, the amount you will pay is based on your assets and income. If you are funding aged care on a shoestring, start with a means assessment, find homes that have low-means places, and get advice early. Let's look at an example. Sally is a full pensioner with $95,000 of assessable assets. Under the income test her contribution is zero – as a full pensioner her income is under the threshold. Under the assets test her accommodation contribution will be $16 per day. On the other side, the government will pay up to $54 a day to the aged care home for her accommodation.
Yahoo
a day ago
- Entertainment
- Yahoo
An Inside Look Into the Private Life of Late Astronaut Sally Ride, as Told by Her Partner Tam (Exclusive Clip)
An Inside Look Into the Private Life of Late Astronaut Sally Ride, as Told by Her Partner Tam (Exclusive Clip) originally appeared on Parade. Tam O'Shaughnessy is sharing the true story of her 27-year relationship with iconic astronaut Sally Ride. In National Geographic's new documentary Sally, O'Shaughnessy, 73, gives insight into the pair's partnership for the first time ever, reflecting on their romance and the sacrifices they both made during their decades-long relationship. O'Shaughnessy and Ride were together until the astronaut's death from pancreatic cancer at age 61 in 2012. 🎬 SIGN UP for Parade's Daily newsletter to get the latest pop culture news & celebrity interviews delivered right to your inbox 🎬 'Most people only know of Sally as the first American woman in space. Of course, that was no small accomplishment! But Sally was so much more,' O'Shaughnessy exclusively tells Parade. 'She was an athlete, a physicist (she thought of herself as a physicist), a science writer and a champion of science education for all students. We kept our relationship private because of the culture of hostility and discrimination toward LGBTQ+ people at the time. Our families and close friends knew we were a couple, but few others did.' O'Shaughnessy goes on to tell Parade that a few days before Ride died in hospice, she told her she wanted to hold a celebration of life for friends, families and colleagues who helped them build their science education company, Sally Ride Science, as well as her friends at NASA. 'Suddenly I wondered out loud, 'Who am I going to be to the people who don't know we were a couple? Who am I going to be to the world?' Sally thought about it for a moment and then said, 'You decide. Whatever you decide will be the right thing to do,'' O'Shaughnessy recalls. 'Shortly after our conversation, I made up my mind. I decided to be honest. I was very proud of Sally, of our extraordinary relationship, and of the life we built together.' As for what it means to O'Shaughnessy that Sally will premiere during Pride month, the former professional tennis player says there's no better time, explaining to Parade what she hopes people from the LGBTQ+ community will take away from the documentary. Related: 85 'Happy Pride Month' Wishes To Send to Friends and Family 'Never let anyone try to tell you what you should do with your life or whom you should love,' she says. 'Just like Sally, think for yourself and follow your heart. This message is especially crucial now, when the rights of the LGBTQ+ community are under attack. Always be true to yourself. That's how Sally lived her life, even though she kept a part of it private. It's a powerful and universal message.' Directed, written and produced by Emmy Award-winning director Cristina Costantini, Sally also features appearances by tennis legend and advocate Billie Jean King, ex-husband Steve Hawley, fellow NASA class of 1978 astronauts Kathy Sullivan, Anna Fisher and John Fabian, sister Bear Ride, mom Joyce Ride and longtime friend and journalist Lynn Sherr. Watch Parade's exclusive clip of Sally, which premieres Monday, June 16, on National Geographic and is available to stream on Disney+ and Hulu the following day, below. An Inside Look Into the Private Life of Late Astronaut Sally Ride, as Told by Her Partner Tam (Exclusive Clip) first appeared on Parade on Jun 3, 2025 This story was originally reported by Parade on Jun 3, 2025, where it first appeared.
