SBH on NYSE

Sally Beauty Holdings

Logo: sallybeauty.com5

American international specialty retailer and distributor of professional beauty supplies

Sally Beauty Holdings, Inc. is an American international specialty retailer and distributor of professional beauty supplies with revenues of more than $3.9 billion annually.3 It was founded in 1964.1 Its shares trade on NYSE under the symbol SBH.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$3.7BRevenue, fiscal 20256
$195.9MNet income, fiscal 20256
1964Founded1

Compare with Petco Health & Wellness Company, Inc., Bath & Body Works or STAR GROUP, L.P., or pick any stock.

  • TickerSBH on NYSE1
  • IndustryRetail-Retail Stores, NEC1
  • HeadquartersDenton1
  • Websitewww.sallybeauty.com
  • Business address7900 Windrose Avenue, Plano, Tx 750247
  • Filer categoryLarge accelerated filer7
  • Legal formCorporation4
  • LEI529900VXW6E8ONDIQ2714
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressc/o CORPORATE CREATIONS NETWORK INC., 3411 SILVERSIDE ROAD TATNALL BUILDING STE 104, 19810 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 41766664
Sally Beauty Supply, Gran Plaza Mazatlán, 8 de julio de 2023
Photo: DogeGamer2015MZT, CC0, via Wikimedia Commons10

Sally Beauty Holdings, Inc. is an American international specialty retailer and distributor of professional beauty supplies with revenues of more than $3.9 billion annually.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

51.6%Gross margin6
8.9%Operating margin6
5.3%Net margin6
-0.4%Revenue growth, 20256
24.7%Return on equity6
1.10×Debt to equity6
$172.7MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Sally Beauty Supply brought in 57% of the revenue Sally Beauty Holdings broke down this way in fiscal 2025.

  1. Sally Beauty Supply$2.1B657%down 1% from 2024
  2. Beauty Systems Group$1.6B643%down 0% from 2024
Business segments by year
Business segments202320242025
Sally Beauty Supply$2.1B$2.1B$2.1B
Beauty Systems Group$1.6B$1.6B$1.6B

Regions

United States brought in 82% of the revenue Sally Beauty Holdings broke down this way in fiscal 2025.

  1. United States$3.0B682%up 0% from 2024
  2. Other Countries$672.3M618%down 3% from 2024
Regions by year
Regions202320242025
United States$3.1B$3.0B$3.0B
Other Countries$677.8M$690.1M$672.3M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue48¢$1.8B
  • Selling, general and admin43¢$1.6B
  • Interest2¢$64.4M
  • Income tax2¢$67.5M
  • Profit5¢$195.9M

Out of $3.7B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending37¢$102.1M
  • Share buybacks20¢$54.0M
  • Kept or used elsewhere43¢$118.7M

Out of $274.8M of cash from operations.6

Financial statements

Revenue11121314156$3.7B in 2025−6% since 2018
0$1.0B$2.0B$3.0B$4.0B2018: $3.9B$3.9B20182019: $3.9B$3.9B2019−1%2020: $3.5B$3.5B2020−9%2021: $3.9B$3.9B2021+10%2022: $3.8B$3.8B2022−2%2023: $3.7B$3.7B2023−2%2024: $3.7B$3.7B2024−0%2025: $3.7B$3.7B2025−0%
Gross profit11121314156$1.9B in 2025−2% since 2018
0$500.0M$1.0B$1.5B$2.0B2018: $1.9B$1.9B20182019: $1.9B$1.9B2019−2%2020: $1.7B$1.7B2020−10%2021: $2.0B$2.0B2021+14%2022: $1.9B$1.9B2022−2%2023: $1.9B$1.9B2023−1%2024: $1.9B$1.9B2024−0%2025: $1.9B$1.9B2025+1%
Operating income11121314156$327.8M in 2025−23% since 2018
0$200.0M$400.0M$600.0M2018: $426.6M$426.6M20182019: $458.5M$458.5M2019+7%2020: $258.8M$258.8M2020−44%2021: $418.4M$418.4M2021+62%2022: $337.6M$337.6M2022−19%2023: $325.0M$325.0M2023−4%2024: $282.7M$282.7M2024−13%2025: $327.8M$327.8M2025+16%
Net income111214156$195.9M in 2025−24% since 2018
0$100.0M$200.0M$300.0M2018: $258.0M$258.0M20182019: $271.6M$271.6M2019+5%2020: $184.6M$184.6M2020−32%2021: $239.9M$239.9M2021+30%2022: $183.6M$183.6M2022−23%2023: $184.6M$184.6M2023+1%2024: $153.4M$153.4M2024−17%2025: $195.9M$195.9M2025+28%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-09-302024-09-302023-09-30
Net sales$3.7B$3.7B$3.7B
Cost of goods sold$1.8B$1.8B$1.8B
Gross profit$1.9B$1.9B$1.9B
Selling, general and administrative expenses$1.6B$1.6B$1.6B
Restructuring$0-$75.0K$17.2M
Operating earnings$327.8M$282.7M$325.0M
Interest expense$64.4M$76.4M$73.0M
Earnings before provision for income taxes$263.4M$206.3M$252.1M
Provision for income taxes$67.5M$52.9M$67.5M
Net earnings$195.9M$153.4M$184.6M
Basic$1.95$1.48$1.72
Diluted$1.89$1.43$1.69
Basic100.7M shares103.9M shares107.3M shares
Diluted103.8M shares106.9M shares109.3M shares

Compare Sally Beauty Holdings with another company

Corporate structure

Sally Beauty Holdings sits at the top of its group. 48 entities, 11 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Sally Beauty Holdings

  • Sally Beauty Holdings Denton, Texas, United States
    • Arcadia Beauty Labs II LLC Subsidiary · Delaware, United States
    • Arcadia Beauty Labs LLC Subsidiary · Delaware, United States
    • Armstrong McCall Holdings, Inc. Subsidiary · Texas, United States
    • Armstrong McCall Management, L.C. Subsidiary · Texas, United States
    • Armstrong McCall, L.P. Subsidiary · Texas, United States
    • Beauty Holding LLC Subsidiary · Delaware, United States
    • Beauty Systems Group (Canada), Inc. Subsidiary · Canada
    • Beauty Systems Group LLC Subsidiary · Virginia, United States
    • BSG Canada Holdings Company Subsidiary · Canada
    • Diorama Services Company, LLC Subsidiary · Delaware, United States
    • DUO-PRO Subsidiary · Gand, Belgium
    • Gen X Beauty LLC Subsidiary · Delaware, United States
    • Innovations-Successful Salon Services Subsidiary · California, United States
    • Kapperscentrale Bauwens N.V. Subsidiary · Belgium
    • Loxa Beauty LLC Subsidiary · Indiana, United States
    • MHR Limited Subsidiary · United Kingdom
    • Neka Salon Supply, Inc. Subsidiary · New Hampshire, United States
    • Pro-Duo Deutschland GmbH Subsidiary · Germany
    • Pro-Duo France SAS Subsidiary · France
    • Pro-Duo NV Subsidiary · Belgium
    • Procare Laboratories, Inc. Subsidiary · Delaware, United States
    • Sally Beauty Canada Holdings LLC Subsidiary · Delaware, United States
    • Sally Beauty de Puerto Rico, Inc. Subsidiary · Puerto Rico, United States
    • Sally Beauty International Finance LLC Subsidiary · Delaware, United States
    • Sally Beauty International, Inc. Subsidiary · Delaware, United States
    • and 22 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Sally Beauty Holdings reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.2B6 Sep 30, 2025$1.2B6 Sep 30, 2024+6.1%
Accumulated depreciation$937.6M6 Sep 30, 2025$881.8M6 Sep 30, 2024+6.3%
Property and equipment, net$284.3M6 Sep 30, 2025$269.9M6 Sep 30, 2024+5.3%
Finance-lease assets$1.6M6 Sep 30, 2024$1.8M15 Sep 30, 2023−11.5%
Operating-lease assets (leased space)$646.7M6 Sep 30, 2025$582.6M6 Sep 30, 2024+11.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$149.2M6 Sep 30, 2025$108.0M6 Sep 30, 2024+38.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$540.7M6 Sep 30, 2025$538.3M6 Sep 30, 2024+0.4%
Intangible assets, net (excluding goodwill)$53.0M6 Sep 30, 2025$60.0M6 Sep 30, 2024−11.6%
Finite-lived intangibles, gross$27.3M6 Sep 30, 2025$49.1M6 Sep 30, 2024−44.5%
Accumulated amortization$14.7M6 Sep 30, 2025$33.8M6 Sep 30, 2024−56.5%
Finite-lived intangibles, net$12.6M6 Sep 30, 2025$15.3M6 Sep 30, 2024−18.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$987.6M6 Sep 30, 2025$1.0B6 Sep 30, 2024−4.7%

Properties, in its own words

All of our retail stores, as well as several distribution centers and office locations, are leased. We own four of our warehouse/distribution centers. The average store lease is for a term of five to ten years with customary renewal options. The following table provides the number of stores per state in the U.S. and certain international locations, as of September 30, 2025:

Location · Company-Operated · Company-Operated · Franchise

The rest of Item 2

United States (including Puerto Rico)

Alabama · 39 · 11 · 2

Alaska · 4 · 3 · —

Arizona · 78 · 32 · 3

Arkansas · 23 · 11 · —

California · 243 · 153 · —

Colorado · 45 · 19 · —

Connecticut · 23 · 20 · —

Delaware · 6 · 2 · —

Florida · 166 · 78 · 2

Georgia · 72 · 29 · —

Hawaii · 6 · 5 · —

Idaho · 14 · 11 · —

Illinois · 73 · 48 · —

Indiana · 49 · 32 · —

Iowa · 23 · 11 · —

Kansas · 18 · 8 · —

Kentucky · 41 · 21 · —

Louisiana · 34 · — · 16

Maine · 7 · 4 · —

Maryland · 24 · 22 · —

Massachusetts · 37 · 27 · —

Michigan · 63 · 35 · —

Minnesota · 32 · 19 · —

Mississippi · 24 · 2 · 6

Missouri · 40 · 15 · —

Montana · 8 · 7 · —

Nebraska · 17 · 8 · —

Nevada · 31 · 15 · —

New Hampshire · 14 · 8 · —

New Jersey · 36 · 13 · —

New Mexico · 22 · 4 · 3

New York · 67 · 43 · —

North Carolina · 85 · 38 · —

North Dakota · 4 · 5 · —

Ohio · 107 · 56 · —

Oklahoma · 38 · 2 · 5

Oregon · 32 · 14 · —

Pennsylvania · 75 · 57 · —

Puerto Rico · 37 · 10 · —

Rhode Island · 5 · 4 · —

South Carolina · 35 · 14 · —

South Dakota · 5 · 4 · —

Location · Company-Operated · Company-Operated · Franchise

United States (including Puerto Rico)

Tennessee · 58 · 31 · —

Texas · 268 · 6 · 95

Utah · 31 · 22 · —

Vermont · 1 · 1 · —

Virginia · 47 · 33 · —

Washington · 47 · 29 · —

West Virginia · 11 · 7 · —

Wisconsin · 31 · 27 · —

Wyoming · 4 · — · —

Total United States (including Puerto Rico) · 2,300 · 1,076 · 132

International:

Mexico · 265 · — · —

United Kingdom · 218 · — · —

Canada · 110 · 118 · —

France · 69 · — · —

Belgium · 52 · — · —

Chile · 33 · — · —

Netherlands · 23 · — · —

Germany · 14 · — · —

Ireland · 12 · — · —

Total International · 796 · 118 · —

Total Store Count · 3,096 · 1,194 · 132

The following table provides locations for our significant offices and warehouses and our corporate headquarters, as of September 30, 2025:

Location · Type of Facility · Approximate Sq. Feet · BusinessSegment

Company-Owned Properties:

Reno, Nevada · Warehouse · 253,000 · Sally

Columbus, Ohio · Warehouse · 246,000 · Sally

Jacksonville, Florida · Warehouse · 237,000 · Sally

Ronse, Belgium · Office, Warehouse (1) · 91,000 · Sally

Leased Properties:

Denton, Texas · Corporate Headquarters (2) · 200,000 · N/A

Plano, Texas · Corporate Headquarters (2) · 145,000 · N/A

Fort Worth, Texas · Warehouse · 494,000 · Sally & BSG

Greenville, Ohio · Warehouse · 245,000 · BSG

Fresno, California · Warehouse · 200,000 · BSG

Blackburn, Lancashire, England · Warehouse · 195,000 · Sally

Spartanburg, South Carolina · Warehouse · 190,000 · BSG

Ghent, Belgium · Office, Warehouse · 94,000 · Sally

Guadalupe, Nuevo Leon, Mexico · Warehouse · 78,000 · Sally

Ghent, Belgium · Warehouse · 67,000 · Sally

Calgary, Alberta, Canada · Warehouse · 60,000 · BSG

Mississauga, Ontario, Canada · Warehouse · 60,000 · BSG

Saint-Jerome, Quebec, Canada · Warehouse · 50,000 · BSG

The Company took ownership of the facility in Ronse, Belgium during fiscal year 2025 upon the expiration of the related lease.

The Denton, Texas location was sold to Denton County, Texas on October 24, 2024. As part of the sale, the Company leased the building until our new office in Plano is ready.

Item 2 of the 10-K filed Nov 13, 2025.19

The story

Sally Beauty Holdings, Inc. opened its first store in New Orleans in 1964. Sally Beauty Company was started by C. Ray Farber in New Orleans and operated its flagship store on Magazine Street before the company was sold to Alberto-Culver. The store was named after his daughter Sally.

From Wikipedia’s article on Sally Beauty Holdings, shared under CC BY-SA 4.0.8

Leadership

Who has led Sally Beauty Holdings, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (61)

Products and brands

  • cosmetics

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Arcadia Beauty Labs II LLC Delaware9
  • Arcadia Beauty Labs LLC Delaware9
  • Armstrong McCall Holdings, Inc. Texas9
  • Armstrong McCall Holdings, L.L.C. Delaware9
  • Armstrong McCall Management, L.C. Texas9
  • Armstrong McCall, L.P. Texas9
  • BSG Canada Holdings Company Canada9
  • Beauty Holding LLC Delaware9
  • Beauty Systems Group (Canada), Inc. Canada9
  • Beauty Systems Group LLC Virginia9
  • Diorama Services Company, LLC Delaware9
  • Gen X Beauty LLC Delaware9
  • Innovations-Successful Salon Services California9
  • Kapperscentrale Bauwens N.V. Belgium9
  • Loxa Beauty LLC Indiana9
  • MHR Limited England9
  • Neka Salon Supply, Inc. New Hampshire9
  • Pro-Duo Deutschland GmbH Germany9
  • Pro-Duo France SAS France9
  • Pro-Duo NV Belgium9
  • Procare Laboratories, Inc. Delaware9
  • SBCBSG Company de Mexico, S. de R.L. de C.V. Mexico9
  • SBCEDIS Company de Mexico, S. de R.L. de C.V. Mexico9
  • SBH Inspires Foundation Delaware9
All 48 listed subsidiaries
  • SBIFCO Company de Mexico, S.A. de C.V. Mexico9
  • Sally Beauty Canada Holdings LLC Delaware9
  • Sally Beauty International Finance LLC Delaware9
  • Sally Beauty International, Inc. Delaware9
  • Sally Beauty Military Supply LLC Delaware9
  • Sally Beauty Netherlands BV Netherlands9
  • Sally Beauty Supply BV Netherlands9
  • Sally Beauty Supply LLC Virginia9
  • Sally Beauty de Puerto Rico, Inc. Puerto Rico9
  • Sally Capital Inc. Delaware9
  • Sally Chile Global Holdings SpA Chile9
  • Sally Chile Holding SpA Chile9
  • Sally Chile Worldwide Holdings SpA Chile9
  • Sally Holdings LLC Delaware9
  • Sally International Holdings LLC Delaware9
  • Sally Investment Holdings LLC Delaware9
  • Sally Salon Services (Ireland) Ltd Ireland9
  • Sally Salon Services Ltd England9
  • Sally UK Holdings Limited England9
  • Salon Success International, LLC Florida9
  • Sinelco Group BV Belgium9
  • Sinelco International BV Belgium9
  • Sinelco Italiana SRL Italy9
  • Vigox BV Belgium9

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Sally Beauty Holdings, Inc.Sep 1, 2006 to Oct 8, 20267
  • New Sally Holdings, Inc.Aug 2, 2006 to Nov 22, 20067

Timeline

  1. Aug 3, 20268-K Results of operations; Regulation FD disclosure101
  2. May 11, 20268-K Results of operations; Regulation FD disclosure102
  3. Apr 2, 20268-K Executive or director change103
  4. Mar 17, 20268-K Executive or director change104
  5. Feb 9, 20268-K Results of operations; Regulation FD disclosure105
  6. Jan 26, 20268-K Shareholder vote106
  7. Nov 13, 20258-K Results of operations; Regulation FD disclosure107
  8. Aug 5, 20258-K Results of operations; Regulation FD disclosure108
  9. Jul 9, 20258-K Bylaws or fiscal year changed109
  10. Jun 18, 20258-K Executive or director change110
  11. May 12, 20258-K Results of operations; Regulation FD disclosure111
  12. May 12, 20258-K Other events112
  13. Oct 5, 2021New chief executive Denise Paulonis becomes CEO20
  14. Jun 3, 2015New chief executive Christian A. Brickman becomes CEO21
  15. Nov 20, 2006New chief executive Gary Winterhalter becomes CEO22
  16. 1964Founded Founded1

Calendar

Coming up

  1. Nov 12, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.55 a share, on Nov 13, 2025.113

When it reported results

  1. Aug 3, 2026Reported quarterly or annual results101
  2. May 11, 2026Reported quarterly or annual results102
  3. Feb 9, 2026Reported quarterly or annual results105
  4. Nov 13, 2025Reported quarterly or annual results107
  5. Aug 5, 2025Reported quarterly or annual results108
  6. May 12, 2025Reported quarterly or annual results111
  7. Feb 13, 2025Reported quarterly or annual results114
  8. Nov 14, 2024Reported quarterly or annual results115

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

310 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 40 major events, 190 insider forms, 32 large holders, 27 other. The latest 20:

  1. Oct 8, 2026SCHEDULE 13G/A EDGAR
  2. Aug 3, 202610-Q EDGAR
  3. Aug 3, 20268-K EDGAR
  4. Jun 9, 20264 EDGAR
  5. Jun 8, 2026144 EDGAR
  6. May 15, 20264 EDGAR
  7. May 11, 202610-Q EDGAR
  8. May 11, 20268-K EDGAR
  9. May 4, 20263 EDGAR
  10. Apr 30, 2026SCHEDULE 13G EDGAR
  11. Apr 29, 2026SCHEDULE 13G EDGAR
  12. Apr 22, 20264 EDGAR
  13. Apr 2, 20268-K EDGAR
  14. Mar 27, 2026SCHEDULE 13G/A EDGAR
  15. Mar 17, 20268-K EDGAR
  16. Feb 13, 2026SCHEDULE 13G/A EDGAR
  17. Feb 9, 202610-Q EDGAR
  18. Feb 9, 20268-K EDGAR
  19. Jan 26, 20264 EDGAR
  20. Jan 26, 20264 EDGAR

The 310 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

17 open-market trades by officers, directors and large owners since October 2021: 5 buys and 12 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 8, 2026Platz Marlo Michelle CormierFormer SVP & CFOSale42,771$12.70$543.2KForm 4
Dec 11, 2025McIntosh KimGVP, CONTROLLER & CAOSale5,900$15.71$92.7KForm 4
Dec 1, 2025Sherman Scott CSVP, CLO and CHROSale15,000$16.27$244.1KForm 4
Sep 4, 2025Rangel Max R.DirectorBuy3,500$14.07$49.2KForm 4
Aug 13, 2025Perelman Debra GoldingDirectorBuy2,300$13.48$31.0KForm 4
Aug 8, 2025Paulonis DenisePresident & CEOBuy4,500$11.74$52.8KForm 4
Aug 7, 2025FERGUSON DIANA SUEDirectorBuy2,500$12.02$30.1KForm 4
Nov 25, 2024Sherman Scott CSVP, CLO and CHROSale13,500$14.49$195.6KForm 4
Nov 25, 2024McIntosh KimGVP, CONTROLLER & CAOSale4,300$14.53$62.5KForm 4
Feb 22, 2024Sherman Scott CSVP, CLO and CHROSale10,000$12.95$129.5KForm 4
Dec 12, 2023Paulonis DenisePresident & CEOBuy4,000$11.29$45.2KForm 4
Feb 16, 2023Spinks Mark GregoryPresident Beauty Systems GroupSale35,456$17.18$609.1KForm 4
Mar 2, 2022Goss John Howard JRSVP & President Sally BeautySale21,489$17.76$381.6KForm 4
Dec 9, 2021Mulder Susan RDirectorSale2,901$21.00$60.9KForm 4
Dec 7, 2021Mulder Susan RDirectorSale2,500$21.00$52.5KForm 4
Nov 26, 2021Mulder Susan RDirectorSale5,000$20.14$100.7KForm 4
Nov 18, 2021Mulder Susan RDirectorSale5,000$21.01$105.0KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Denise A. Paulonis53$1.2M$9.1M126
2025Marlo M. Cormier$685.3K$2.3M126
2025John H. Goss$598.2K$2.1M126
2025Mark G. Spinks$560.2K$2.1M126
2025Scott C. Sherman$553.8K$1.7M126
2024President and Chief Executive Officer$1.2M$7.5M126
2024Senior Vice PresidentChief Financial$657.9K$2.0M126
2024PresidentSally Beauty Supply$577.7K$1.8M126
2023President and Chief Executive Officer$1.1M$7.2M126
2023Officer$618.3K$2.0M126
2023PresidentSally Beauty Supply$549.1K$1.7M126

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.15,783,038$223.2M0.0%+605,587
Vanguard Portfolio Management LLC6,428,015$90.9M0.0%+129,870
Dimensional Fund Advisors LP6,054,462$85.6M0.0%+182,483
State Street Corp4,439,992$62.8M0.0%+61,145
Vanguard Capital Management LLC4,243,510$60.0M0.0%−18,861
Fisher Asset Management, LLC3,759,581$53.2M0.0%−93,098
Fmr LLC3,735,366$52.8M0.0%+103,344
American Century Companies Inc3,371,070$47.7M0.0%+535,455
Victory Capital Management Inc3,313,531$46.9M0.0%+252,822
Wasatch Advisors LP3,305,986$46.7M0.3%−87,753
Geode Capital Management, LLC3,257,918$46.1M0.0%+718,455
Ranmore Fund Management Ltd2,995,854$42.4M4.7%+568,267
D. E. Shaw & Co., Inc.2,933,962$41.5M0.0%+177,411
Goldman Sachs Group Inc2,452,890$34.7M0.0%−1,164,535
Charles Schwab Investment Management Inc2,023,476$28.6M0.0%−408,804
Morgan Stanley1,583,616$22.4M0.0%−56,047
Jupiter Asset Management Ltd1,403,200$19.8M0.1%−3,732
Invesco Ltd.1,340,691$19.0M0.0%+185,378
Marshall Wace, Llp1,153,626$16.3M0.0%+602,094
Northern Trust Corp1,105,921$15.6M0.0%+44,649
Bridgeway Capital Management, LLC996,900$14.1M0.2%+18,412
Gamco Investors, Inc. Et Al806,050$11.4M0.1%−7,201
Millennium Management LLC788,145$11.1M0.0%+42,467
Cambria Investment Management, L.P.698,098$9.9M0.5%+678,407
Bank of New York Mellon Corp661,006$9.3M0.0%−1,691

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Sally Beauty Holdings is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSally Beauty Holdings, Inc.2
  • CIK0001368458
  • Employer ID (EIN)36-225793619
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company19
  • Incorporated inDelaware19
  • Fiscal year endsSeptember 302
  • Industry code (SIC)5990 Retail-Retail Stores, NEC2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address7900 Windrose Avenue, Plano, TX 750242
  • Phone(940) 898-75002
  • Shares outstanding93,622,292 as of Jul 30, 202617
  • Public float$903.7M as of Mar 31, 202519
  • AuditorKPMG LLP, Dallas, Texas PCAOB ID 185; it also attests to the company’s internal control over financial reporting19
  • On EDGAR sinceAug 2, 20062
  • Filings1,508 in all: 4 (842), 8-K (210), SC 13G/A (99), 3 (77), 10-Q (60), SC 13G (28), 10-K (20), DEF 14A (20)2
    All 40 form types

    4/A (14), ARS (12), UPLOAD (12), DEFA14A (10), 424B3 (9), CORRESP (9), 144 (8), 424B7 (8), FWP (7), SCHEDULE 13G/A (7), 425 (6), S-3ASR (6), SC 13D/A (6), S-4/A (5), S-8 (5), SCHEDULE 13G (5), 424B2 (4), 10-K/A (2), 5 (2), EFFECT (2), S-4 (2), 11-K (1), 15-12B (1), 3/A (1), 8-A12B (1), 8-K/A (1), CERTNYS (1), DEFR14A (1), PRE 14A (1), S-4MEF (1), S-8 POS (1), SC 13D (1)

  • Latest filingsAnnual report (10-K) Nov 13, 2025
    Quarterly report (10-Q) Aug 3, 2026
    Proxy statement (DEF 14A) Dec 10, 2025
    Latest 8-K (8-K) Aug 3, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $.01 per shareSBHNew York Stock Exchange

From the cover page of the 10-K filed Nov 13, 2025 (Section 12(b) of the Exchange Act).19

Risk factors and legal proceedings

The risks Sally Beauty Holdings names in Item 1A of its 10-K filed Nov 13, 2025: 32 risks under these headings, as written.19

  • Operational, Strategic and General Business Risks
  • The beauty products retail and distribution industry is highly competitive and is consolidating.
  • We may be unable to anticipate and effectively respond to changes in consumer preferences and buying trends in a timely manner.
  • Our future success depends in part on our ability to successfully implement our strategic initiatives to improve the customer experience, attract new customers, and improve the sales productivity of our stores.
  • We depend upon suppliers, manufacturers, and fillers that may be unable to provide products of adequate quality or that may be unwilling to continue to supply products to us.
  • Any unexpected significant interruption in manufacturers’ and fillers’ supply of products or disruptions in our supply chain infrastructure could disrupt our ability to deliver merchandise to our stores and customers in a timely manner, which could have a material adverse effect on our business, financial condition, and results of operations.
  • The loss of exclusive distribution rights with key vendors could have a material adverse effect on our business, financial condition, and results of operations.
  • Fluctuations in the price, availability, and quality of inventory may result in higher cost of goods, which we may not be able to pass on to the customers.
  • Our e-commerce businesses may be unsuccessful or, if successful, may redirect sales from our stores.
  • Diversion of professional products sold by BSG could have an adverse impact on our revenues.
  • BSG’s financial results are affected by the financial results of BSG’s franchise-based Armstrong McCall business.
  • If we are unable to optimize our store base, by profitably opening and operating new stores and closing less profitable stores, our business, financial condition, and results of operations may be adversely affected.
The other 21 risks
  • We have significant lease obligations and are subject to risks associated with leasing substantial amounts of space, including future increases in occupancy costs and the need to generate significant cash flow to meet our lease obligations.
  • If our marketing, advertising and promotional programs are unsuccessful, our results of operations and financial condition could be adversely affected.
  • If we fail to attract and retain highly skilled management and other personnel at all levels of the Company, our business, financial condition, and results of operations may be harmed.
  • The integration and use of artificial intelligence ("AI") and similar technology in our business presents risks and challenges that could adversely affect our business, reputation, and results of operations.
  • General Economic, Market and Foreign Risks
  • The political, social and economic conditions in the locations that we serve may affect consumer purchases of discretionary items such as beauty products and salon services, which could have a material adverse effect on our business, financial condition, and results of operations.
  • Price inflation for labor, materials, and services could adversely affect our business, results of operations, and financial condition.
  • The occurrence of large-scale catastrophes or crises, including natural disasters, acts of violence, conflicts, wars or terrorism and global health crises, could adversely affect our operations and financial performance.
  • Currency exchange rate fluctuations could result in higher costs and decreased margins and earnings.
  • We are subject to risks related to our international operations.
  • A reduction in traffic to, or the closing of, other retailers in shopping areas where our Sally stores are located could significantly reduce our sales and leave us with excess inventory, which could have a material adverse effect on our business, financial condition, profitability and cash flows.
  • Regulatory, Legal, and Cybersecurity Risks
  • Legal proceedings, including litigation, regulatory proceedings, and other claims, and the outcome of such proceedings, litigation or claims, could have a material adverse effect on our business, financial condition, and cash flows.
  • If products sold by us are found to be defective in labeling or content, the credibility and reputation of our Company and the brands we sell may be harmed, acceptance of our products may decrease, and we may be exposed to liability that exceeds our products liability insurance coverage and manufacturer indemnities.
  • We could be adversely affected if we do not comply with current laws and regulations or if we become subject to additional or more stringent laws and regulations.
  • Environmental impacts, and increased focus by stakeholders on environmental issues, could adversely affect our business, financial condition, and operating results.
  • If we fail to protect our intellectual property rights or if our products are found to infringe on the intellectual property rights of others, it could materially and negatively impact our business.
  • We may be adversely affected by any disruption in our information technology systems.
  • Unauthorized access to confidential information and data on our information technology systems, security, and data breaches could have a material adverse effect on our business and results of operation.
  • Failure to comply with rapidly evolving data privacy laws could materially adversely affect our business, financial condition and operating results.
  • Financial Risks
  • Our comparable sales and quarterly financial performance may fluctuate for a variety of reasons.
  • A portion of our indebtedness is subject to floating interest rates.
  • We have substantial debt and may incur substantial additional debt, which could adversely affect our financial health, our ability to obtain financing in the future and our ability to react to changes in our business.

Legal proceedings

We are involved, from time to time, in various claims, administrative proceedings and lawsuits incidental or related to the conduct of our business, which may range from single plaintiff to class action litigation. We carry insurance coverage in such amounts in excess of our self-insured retention as we believe to be reasonable under the circumstances and may or may not cover any or all of our liabilities in respect of these matters. Although the ultimate disposition of these claims and proceedings cannot be predicted with certainty, we do not currently believe the ultimate resolution of these matters will have a material adverse impact on our consolidated financial position, cash flows or results of operations. However, there can be no assurance that future adverse judgments and costs would not be material to our financial position, cash flows or results of operations for a particular period. See Note 10 in the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report for additional information on legal proceedings.

The opening of Item 3, Legal Proceedings.19

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73
  74. 74
  75. 75
  76. 76
  77. 77
  78. 78
  79. 79
  80. 80
  81. 81
  82. 82
  83. 83
  84. 84
  85. 85
  86. 86
  87. 87
  88. 88
  89. 89
  90. 90
  91. 91
  92. 92
  93. 93
  94. 94
  95. 95
  96. 96
  97. 97
  98. 98
  99. 99
  100. 100
  101. 101
  102. 102
  103. 103
  104. 104
  105. 105
  106. 106
  107. 107
  108. 108
  109. 109
  110. 110
  111. 111
  112. 112
    SEC EDGAROther events
  113. 113
  114. 114
  115. 115
  116. 116
  117. 117
  118. 118
  119. 119
  120. 120
  121. 121
  122. 122
  123. 123
  124. 124
  125. 125
  126. 126