Downside of dating a beauty

03-Jan-2020 03:17

They also help the company continue to grow its store count while still generating positive free cash flow in every single year since it was spun off.

Both Sally Beauty and competitor Ulta (ULTA) made it through the most recent recession with little-to-no disruption of sales or profits.The remaining 85% comes from the tens of thousands of small-scale salons that are often owned and operated by a single individual.Sally Beauty has the largest cosmetic distribution network in the country, giving it an inherent advantage at reaching this fragmented market.Sally Beauty is operating at a higher level of profitability than the market believes.