Sally Beauty falls after forecasting annual profit below estimates

Shares of beauty products retailer Sally Beauty SBH.N down 3.6% at $15.58 premarket

Co lifts annual adjusted EPS forecast to between $2.02 and $2.10 vs. prior forecast of $2.00 to $2.10; mid-point of new forecast is below analysts' estimates of $2.07 - data compiled by LSEG

Expects Q2 adjusted EPS in the range of 39 cents to 42 cents vs. estimates of 45 cents

Reports Q1 revenue of $943.2 million vs. estimates of $940.2 million

Logs Q1 adjusted profit per share of 48 cents, above expectations of 46 cents

In 2025, SBH rose ~36%