Through The Fly's Eyes: Sally Beauty
Sally Beauty - A New Stock To Watch
Sally Beauty (SBH) is a newly traded stock which was spun off from Alberto Culver (ACV). Sally is an international specialty retailer and distributor of professional beauty supplies.
Sally sells and distributes through over 3,100 stores, mostly in the U.S. What could be attractive about Sally is that its growth might have been held back by its former ownership structure. Alberto Culver often competed against many of the products that Sally distributes in the hair and beauty care business.
Being separate from Alberto will allow Sally to more aggressively target new business and grow faster. As part of the Alberto and Sally break-up, Clayton Dubiller & Rice purchased just below half of Sally's stock.
The company will webcast a lunch meeting tomorrow at 12:30pm with the investment community. It is worth listening to see what management has to say.