Sally Beauty Holdings Inc. has posted flat same-store sales — an improvement — for the fourth fiscal quarter.
This is the first time in seven quarters that Sally's same-store sales have shown progress. Solid same-store sales in the U.S. and Canada were negatively impacted by sales in Europe.
The business pre-released the same-store sales numbers at the same time it unveiled several personnel moves, meant to bolster the business' restructuring initiatives.
Aaron Alt, Sally's chief financial officer, has also been appointed to president of Sally Beauty Supply LLC.
“The expansion of Aaron’s management responsibilities recognizes his valuable skill set and the meaningful contributions he has already made to the company as we implement our transformation initiatives. I believe that with Aaron’s leadership, and the strength of the Sally leadership team, anchored by Chris Kobus, general vice president of marketing and digital, and John Goss, general vice president of stores, we are well-positioned for future success in our Sally Beauty Supply business.”
Sally also appointed Heather Plutino, group vice president of finance and treasurer, where she will lead financial planning and analysis, treasury and risk management operations. Plutino joins the company from Ascena Retail Group, where she was vice president and treasurer.
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