ULTA - Sally Beauty: A Deep-Value Winner Nobody Is Talking About

2024-05-08 10:00:00 ET

Summary

• Sally Beauty has grown to 4,000 stores in 12 countries, with $3.8 billion in annual sales and 27,000 employees.
• The stock quote has been dead in the water for nearly two decades, but a positive Q2 earnings release could bring attention to its deeply undervalued shares.
• The company has a loyal customer base, strong cash flows, and an incredibly low enterprise valuation, making it a retail sector bargain.

Founded as a single New Orleans store during 1964, Sally Beauty Holdings, Inc. ( SBH ) has grown to 4,000 stores in 12 countries today. $3.8 billion in annual sales and 27,000 employees round out the background story , with one of the biggest retail footprints in America. The business focuses on hair and beauty products marketed directly to consumers online and through physical stores. A second avenue for revenue generation revolves around a list of thousands of beauty-care products wholesaled and sold to salons and professional stylists....

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