First-quarter profit at Sally Beauty Holdings Inc. vaulted 62.7 percent to $26.1 million, or 14 cents a diluted share, from $16.1 million, or 9 cents, in the same period a year ago.
After adjusting for $1.4 million in after-tax, noncash interest income from marked-to-market changes in the fair value of the company’s interest rate swaps, EPS came in at 13 cents, the firm noted. On average, Wall Street analysts had expected EPS of 14 cents a share for the fiscal quarter ended Dec. 31, according to Yahoo Finance.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"