11:10 AM EDT, 05/09/2024 (MT Newswires) -- Sally Beauty Holdings ( SBH ) shares were down 3% in recent Thursday trading after the company's fiscal Q2 results missed analysts' expectations.

The company reported fiscal Q2 adjusted earnings earlier of $0.35 per diluted share, down from $0.41 a year earlier.

Analysts surveyed by Capital IQ expected $0.39.

Net sales for the quarter ended March 31 was $908.4 million, down from $918.7 million a year earlier.

Analysts surveyed by Capital IQ expected $910.8 million.

Sally Beauty ( SBH ) said it continues to expect nearly flat year 2024 net sales year over year. Analysts surveyed by Capital IQ expect $3.72 billion.

Price: 10.50, Change: -0.33, Percent Change: -3.00