Sally Beauty Holdings, Inc. (NYSE:SBH)
Sally Beauty Holdings, Inc. is an international specialty retailer and distributor of professional beauty supplies with revenues of more than $2.9 billion annually.
This company's professional beauty supplies provides comfort and control for woman, children and mens hair, skin, and nails through professional lines such as Clairol, L’Oreal, Wella and Conair, as well as an extensive selection of proprietary merchandise.
“Our financial performance in the second quarter is the result of strong execution across all of our businesses. As we head into the second half of the year, we believe we will continue to build on the momentum realized in the first half of fiscal 2011,” stated Gary Winterhalter, President and Chief Executive Officer.
SBH 2Q11 experienced sales of $490.8 million, up 8.2% from $453.6 million in the fiscal 2010 second quarter; Same store sales growth of 6.2% versus 4.3% in the fiscal 2010 second quarter; Gross margin of 54.4%, a 130 basis point improvement from 53.1% in the fiscal 2010 second quarter; Segment earnings of $93.9 million, up 18.1% from $79.5 million in the fiscal 2010 second quarter; Segment operating margins increased 160 basis points to 19.1% of sales from 17.5% in the fiscal 2010 second quarter; Net store base increased by 137 or 4.7% over the fiscal 2010 second quarter for total store count of 3,083; Adjusted EBITDA for the 2Q11 was $122.9 million, an increase of 23.9% from $99.2 million for the fiscal 2010 second quarter.
The company's net sales increase is attributed to same store sales growth, acquisitions, addition of new stores.
“Our financial performance in the second quarter is the result of strong execution across all of our businesses,” stated Gary Winterhalter, President and Chief Executive Officer.
For more information about Sally Beauty Holdings, Inc. please visit http://sallybeautyholdings.com/
Crown Equity Holdings Inc. (CRWE.OB)
Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
With the increase of data on the internet and the amount of time individuals spend on it, that has in turn generated a unique market for web-based advertising.
Some of the richest businesses in the world have made sure that they get a portion of the internet marketing pie, and for many good reasons.
Also, the VoIP industry is fast augmenting and hence it assures a definite hike in the revenue generation to any organisation that steps into this field.
Crown Equity Holdings Inc. previously reported it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.
In addition, CRWE wholly owned subsidiary, Crown Tele Services Inc., has previously completed installing servers for its business, which is currently in the process of preparing to provide and offer its “VoIP” communication services to small, large and enterprise businesses.
According to ABI Research, the latest global business VoIP services forecasts show that the value of the overall market, which includes VoIP integrated access, SIP trunking, hosted IP-PBX/IP Centrex and managed IP-PBX services, is set to double over the next five years, to exceed $20 billion by 2015.
Crown Equity Holdings Inc. together with its digital network, currently provides electronic media services specializing in online publishing and Web sites, which bring together targeted audiences and advertisers that want to reach them.
To View Crown Equity Holdings Distribution Network http://www.crownequityholdings.com/distributionnetwork.php
For more information about Crown Tele Services Inc. please visit http://www.crownteleservices.com
For more information about Crown Equity Holdings Inc. please visit http://www.crownequityholdings.com
American States Water Company (NYSE:AWR) reported basic and fully diluted earnings of $0.40 per common share for the quarter ended March 31, 2011 as compared to basic and fully diluted earnings per share of $0.46 and $0.45, respectively, for the quarter ended March 31, 2010.
Basic and fully diluted earnings from continuing operations were $0.37 per common share for the quarter ended March 31, 2011 as compared to basic and fully diluted earnings from continuing operations of $0.45 and $0.44 per common share, respectively, for the quarter ended March 31, 2010.
Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) recently reported a revision to its unaudited financial results for the first quarter ended March 27, 2011.
The Company updated its earnings release dated April 29, 2011 to include a pre-tax $0.5 million restructuring benefit which increased net income available to preferred and common shareholders to $6.2 million for the period, resulting in no change to the previously reported earnings of $0.14 per diluted share. The change was related to a May 3, 2011 court decision resolving a legal matter over two disputed leases.
Celanese Corporation (NYSE:CE), a global technology and specialty materials company, reported that Mark Oberle, senior vice president, corporate affairs, and Steven Sterin, senior vice president and chief financial officer, will address investors at the Barclays Capital Chemical ROC Stars Conference in New York on Thursday, May 12, 2011, at 9:30 a.m. Eastern time.
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