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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Sally Beauty Holdings Inc | NYSE:SBH | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.01 | -0.09% | 10.84 | 10.91 | 10.78 | 10.80 | 20,749 | 14:49:53 |
From May 2019 to May 2024
By Michael Calia
Sally Beauty Holdings Inc. said Thursday that Christian Brickman took over as the company's chief executive at the beginning of this month, succeeding Gary Winterhalter.
Mr. Winterhalter, who has been the company's CEO since it separated from the Alberto-Culver Co. in 2006, will continue to act as the board's executive chairman. The moves are part of the beauty-product supplier's previously announced succession plan.
Mr. Brickman, a former Kimberly-Clark executive, became Sally Beauty's operating chief and president in June with the aim that he would replace Mr. Winterhalter in the role within the year.
The company also reported quarterly results Thursday.
Sally Beauty said it posted $54.9 million in profit, down from $58 million a year earlier. Per-share earnings were flat at 35 cents, reflecting fewer shares outstanding in the most recent quarter.
Net sales rose 2.6% to $964.5 million.
The company said foreign-currency pressures weighed on sales in the most recent period, while expenses grew more than it had expected due to strategic investments and incremental health-care expenses.
Write to Michael Calia at michael.calia@wsj.com
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