Sally Beauty SBH Down 20% YTD: Macroeconomic Headwinds Hurt April 22, 2024
Table Of Content Sally Beauty (SBH) Down 20% YTD: Macroeconomic Headwinds Hurt Zacks Mobile App Top Stock Picks for Week of April 29, 2024 Pick one free report - opportunity may be withdrawn at any time Macroeconomic Headwinds Hurt Performance The beauty products provider is grappling with subdued consumer footfall, impacting revenues. Increasing selling, general and administrative (SG&A) expenses are exerting pressure on the company's performance.Shares of the Zacks Rank #4 (Sell) company have slumped 20.2% year to date compared with the industry’s 0.0%. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.20% per year. These returns cover a period from January 1, 1988 through April 1, 2024. ...