Posted on Wednesday, November 16th, 2011 at 6:14 pm.
Sally Beauty Holdings has reported a 30 percent rise in their Q4 profit. The salon products retailer mentioned that the increase in same store sales was the reason for this rise in overall profits.
The net income that was recorded for the quarter was $54.36 million which is significantly higher than the 2010 quarter of $42.03 million. Overall revenue for the company was listed at $837.19 million for the 2011 fiscal year.
The fiscal year of 2011 brought with it many increases in sales including a 12 percent rise in total sales and a 41 percent increase in earnings for the company. The CEO of Sally Beauty Holdings is proud of these results and hopes that sales grow even more in 2012.
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