Sally Beauty opened its first store in 1997 in New Orleans.
By 1969 the company had 11 stores. Alberto-Culver acquired the company the same year and operated it as a subsidiary.
By 1987 Sally Beauty had 500 stores and had expanded to the U.K. through the acquisition of the Ogee brand of beauty stores.
As of September 30, 2017, the company operates 3,763 company-owned retail stores with 2,883 stores in the United States, including Puerto Rico; and 880 company-operated stores located in Canada, Mexico, the United Kingdom, Ireland, Belgium, France, Germany, the Netherlands, Spain, Chile, and Peru.
Sally Beauty is publicly traded on the New York Stock Exchange under the symbol SBH, has more than 14,000 employees, and had $3.68 billion in revenue in 2013.
The company’s largest competitor is Ulta, which is a much larger chain, however, Sally Beauty continues to hold it’s own against the competition, according to Forbes.
In April of 2018, the company announced cutbacks and layoffs as part of a restructuring plan to save the company $15 million in operating costs. The company declined to state how many people would receive pink slips, however, they did say that the company planned to increase wages for store employees.
Company headquarters are located in Dalton, Texas. The company also operates 168 franchised locations under the Armstrong McCall name.
Sally Beauty
Sally Beauty opened its first store in 1997 in New Orleans.
History
By 1969 the company had 11 stores. Alberto-Culver acquired the company the same year and operated it as a subsidiary.
By 1987 Sally Beauty had 500 stores and had expanded to the U.K. through the acquisition of the Ogee brand of beauty stores.
As of September 30, 2017, the company operates 3,763 company-owned retail stores with 2,883 stores in the United States, including Puerto Rico; and 880 company-operated stores located in Canada, Mexico, the United Kingdom, Ireland, Belgium, France, Germany, the Netherlands, Spain, Chile, and Peru.
Sally Beauty is publicly traded on the New York Stock Exchange under the symbol SBH, has more than 14,000 employees, and had $3.68 billion in revenue in 2013.
The company’s largest competitor is Ulta, which is a much larger chain, however, Sally Beauty continues to hold it’s own against the competition, according to Forbes.
In April of 2018, the company announced cutbacks and layoffs as part of a restructuring plan to save the company $15 million in operating costs. The company declined to state how many people would receive pink slips, however, they did say that the company planned to increase wages for store employees.
Company headquarters are located in Dalton, Texas. The company also operates 168 franchised locations under the Armstrong McCall name.