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Sally Beauty Holdings, Inc. (SBH) [hlAlert]

Rating:
Neutral SBH

Sally Beauty Holdings, Inc. (SBH) rated Neutral by Goldman

Posted on: Thursday,  Dec 6, 2012  9:25 AM ET by Goldman

Sally Beauty Holdings,
Inc. (NYSE: SBH) rated Neutral by Goldman.

Sally Beauty Holdings, Inc. (Sally Beauty) is a distributor of professional beauty supplies in the United States. The Company operates through two business units: Sally Beauty Supply and Beauty Systems Group (BSG). Through Sally Beauty Supply and BSG (which operates stores under the CosmoProf service mark), the Company operated a multi-channel platform of 3,727 stores and supplied 187 franchised stores primarily in North America, South America and selected European countries, as of September 30, 2009. Within BSG, the Company also has the networks of professional distributor sales consultants in North America, with approximately 1,022 professional distributor sales consultants who sell directly to salons and salon professionals. On September 4, 2009, the Company acquired Distribuidora Intersalon Limitada. On September 18, 2009, the Company acquired Belleza Concept International, Inc. On September 30, 2009, the Company acquired Schoeneman Beauty Supply, Inc.

Goldman
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/6/2012 9:25 AM Hold
None
24.40
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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