Sally Beauty Holdings said on Thursday second quarter sales declined for the three months ending March 31, hindered by supply chain and inflation, affecting sales in the firm's largest segment Sally Beauty Supply.
Professional hair and beauty supply company Sally Beauty Holdings Inc. announced net sales of $980 million for the first quarter ended December 31, up 4.7%, versus the prior year with a comparable sales increase of 6.1%.
The Denton, Texas-based professional hair and beauty supply company announced net sales of $3.87 billion in its fiscal year 2021, which ended September 30, an increase of 10.3% from $3.51 billion in the previous year.
Kline’s latest report discusses the effects of the Covid-19 pandemic on the U.S. beauty industry in 2020 and highlights further digital innovation and integration as the sector’s route to recovery in 2021 and beyond.
The professional beauty supplies seller announced second-quarter sales of $926.3 million on Thursday, an increase of 6.3% from $871.0 million in the prior-year period, despite ongoing disruptions related to Covid-19.
The professional beauty supplies seller announced on Friday that it has appointed Brenda Rutenber as group vice president of stores and promoted Maryann Herskowitz to group vice president of merchandising.