Sally Beauty Holdings Inc. (SBH) reported fourth quarter adjusted EPS of $0.39 Thursday morning, which fell short of the consensus estimate of $0.40. Quarterly sales rose 4.2 percent to $944.3 million from $906.43 million last year. Analysts estimated revenue of $945.38 million.
Sally Beauty Holdings gapped open lower Thursday, but rose steadily during the first half of the session. Shares finished with a gain of 1.05 at $30.42. The stock climbed above over a 3-week range and set a 9-month high.
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