Sally Beauty Analysts Cut Their Forecasts After Q2 Earnings

Impact · against what's priced in

Sally Beauty faces downward pressure as Q3 guidance for both earnings and sales misses market expectations. While Q2 results beat estimates, the forward-looking projections indicate a slowdown that outweighs immediate performance.

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In context

The company's Q3 adjusted EPS guidance of 52 to 56 cents and sales forecast of $932 million to $942 million both fall short of market expectations of 58 cents and $949.575 million, respectively.

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