By  on February 5, 2010

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.

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