Sally Beauty Holdings, Inc. (SBH): history, ownership, mission, how it works & makes money (2024)

A Brief History of Sally Beauty Holdings, Inc. (SBH)

Sally Beauty Holdings, Inc. (SBH) is an international specialty retailer and distributor of professional beauty supplies. The company has a long history dating back to 1964 when the first Sally Beauty Supply store was opened in New Orleans, Louisiana by founder Sally Beauty.

• 1964: The first Sally Beauty Supply store was opened in New Orleans, Louisiana.
• 1972: Sally Beauty Holdings became a public company and started trading on the New York Stock Exchange.
• 1982: The company was acquired by Alberto-Culver, a consumer goods company.
• 2006: Sally Beauty Holdings was spun off as an independent, publicly traded company.
• 2021: Sally Beauty Holdings acquired SalonCentric, a leading distributor of professional salon products.

Today, Sally Beauty Holdings operates over 5,000 stores worldwide, including Sally Beauty Supply and Beauty Systems Group (BSG) stores. The company is known for offering a wide range of professional-quality products for hair, skin, and nails at affordable prices to both consumers and salon professionals.

Who Owns Sally Beauty Holdings, Inc. (SBH)

Sally Beauty Holdings, Inc. (SBH) is a publicly traded company, meaning that it is owned by shareholders who purchase its stock through various stock exchanges. As of recent data, the largest shareholders of SBH are institutional investors such as mutual funds and pension funds. However, there are also individual investors who own shares of the company.

Some of the top institutional shareholders of Sally Beauty Holdings, Inc. include The Vanguard Group, BlackRock Inc., and Wellington Management Company. These institutions hold significant stakes in the company and play a role in its overall ownership and governance.

• The Vanguard Group: The Vanguard Group is one of the largest investment management companies in the world and holds a substantial ownership stake in SBH.
• BlackRock Inc.: BlackRock is another major institutional investor that owns a significant portion of Sally Beauty Holdings, Inc. stock.
• Wellington Management Company: Wellington Management is a global investment management firm that also holds a considerable stake in SBH.

While institutional investors dominate the ownership structure of Sally Beauty Holdings, Inc., individual investors also play a role in owning shares of the company. These individual investors can include retail investors, employees of the company, and other stakeholders who believe in the long-term growth potential of SBH.

Sally Beauty Holdings, Inc. (SBH) Mission Statement

Sally Beauty Holdings, Inc. (SBH) is committed to providing beauty enthusiasts with the tools, education, and products they need to express their individuality and enhance their personal style. Our mission is to inspire and empower beauty professionals and consumers alike, by offering a wide range of high-quality products at affordable prices.

At Sally Beauty Holdings, Inc., we strive to create a welcoming and inclusive environment where everyone feels valued and respected. We believe in the transformative power of beauty and are dedicated to helping our customers look and feel their best, inside and out.

• Provide beauty enthusiasts with the tools and products they need
• Inspire and empower beauty professionals and consumers
• Create a welcoming and inclusive environment
• Offer high-quality products at affordable prices
• Believe in the transformative power of beauty

How Sally Beauty Holdings, Inc. (SBH) Works

Sally Beauty Holdings, Inc. (SBH) is a global distributor and retailer of professional beauty products. The company operates through two main segments: Sally Beauty Supply and Beauty Systems Group.

Sally Beauty Supply is targeted towards retail customers and offers a wide range of beauty products, including hair color, hair care, skin and nail care, styling tools, and accessories. Customers can shop at Sally Beauty Supply stores located across the United States and internationally, or online through the company's e-commerce platform.

Beauty Systems Group caters to salon professionals and carries a more extensive selection of professional-grade beauty products. Beauty Systems Group operates through a network of stores, as well as direct sales to salons and licensed professionals.

• Product Offerings: SBH offers a diverse range of beauty products from leading brands in the industry, catering to both retail customers and salon professionals.
• Retail and E-Commerce: Sally Beauty Supply serves retail customers through physical store locations and online channels, providing convenient shopping options.
• Professional Distribution: Beauty Systems Group specializes in distributing professional beauty products to salons and licensed professionals, ensuring access to high-quality products.
• Global Presence: SBH has a global footprint, with operations in multiple countries to reach a wide customer base.

Sally Beauty Holdings, Inc. (SBH) makes money through various revenue streams within the beauty industry. Here are some key ways the company generates income:

• Retail Sales: Sally Beauty operates a network of beauty supply stores where it sells professional beauty products to consumers and salon professionals. These retail sales form a significant portion of the company's revenue.
• E-Commerce: In addition to its physical stores, Sally Beauty also has an online platform where customers can purchase products. E-commerce sales have become increasingly important for the company, especially in today's digital age.
• Professional Sales: Sally Beauty sells products to salon professionals and beauty professionals at wholesale prices. This segment of the business caters to professionals in the beauty industry who rely on high-quality products for their clients.
• Licensing and Services: The company also generates revenue through licensing agreements and services. This may include partnerships with beauty brands, collaborations with influencers, or offering beauty services in select locations.
• Private Label Brands: Sally Beauty carries its own private label brands, which provide higher margins compared to selling third-party brands. These private label products contribute to the company's overall profitability.