Sally Beauty Holdings, Inc. reported a 0.6% increase in consolidated net sales to $943 million for Q1 2026.

Global e-commerce sales of $111 million represents 11.7% of net sales.

“Our first-quarter performance marks a strong start to fiscal 2026,” said Denise Paulonis, president and chief executive officer. “We achieved top line results that met our expectations, maintained healthy gross margins and delivered adjusted EPS growth of 12%—consistent with our long-term financial algorithm. Our robust cash flow from operations enabled us to invest for growth, reduce debt and return value to shareholders. We also made continued progress on our strategic initiatives designed to accelerate growth and increase profitability.”

As of Dec. 31, 2025, the company had cash and cash equivalents of $157 million and no outstanding borrowings under its asset-based revolving line of credit. At fiscal year-end, inventory was $979 million, down 2.7% versus a year ago.

First-quarter cash flow from operations was $93 million and free cash flow totaled $57 million. During the first quarter, the company utilized its cash flow to repay $20 million of term loan B debt and repurchase 1.4 million shares under its share repurchase program at an aggregate cost of $21 million. The company ended the first quarter with a net debt leverage ratio of 1.5x.