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Sally Beauty Holdings' CEO Discusses F1Q2012 Results - Earnings Call Transcript

Sally Beauty Holdings Inc. ( SBH)

F1Q2012 (Qtr End 12/31/2012) Earnings Call

February 2, 2012 11:00 am ET

Executives

Karen Fugate - VP, IR

Gary Winterhalter - President, CEO & Director

Mark Flaherty - SVP & CFO

Analysts

Michelle Tan - Goldman Sachs

Meredith Adler - Barclays Capital

Gary Balter - Credit Suisse

Erika Maschmeyer - Robert W. Baird

Karru Martinson - Deutsche Bank

Bob Spencer - Bank of America/Merrill Lynch

Jill Caruthers - Johnson Rice

Kevin Coyne - Goldman Sachs

Presentation

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Sally Beauty Holdings fiscal 2012 first quarter earnings results. At this time, all lines are in a listen-only mode. Later, we will conduct a question-and-answer session. Instructions will be given at that time. I would now like to turn the conference over to your host, Ms. Karen Fugate. Please go ahead.

Karen Fugate

Thank you. Before we begin, I would like to remind you that certain comments including matters such as forecasted financial information, contracts or business and trend information made during this call may contain forward-looking statements within the meaning of Section 21-E of the Securities Exchange Act of 1934. Many of these forward-looking statements can be identified by use of words such as may, will, should, expect, anticipate, estimate, assume, continue, project, plan, believe and similar words or phrases.

These matters are subject to a number of factors that could cause actual results to differ materially from expectations. Those factors are described in Sally Holdings’ SEC filings, including its most recent Annual Report on Form 10-K for the fiscal year ended September 30, 2011. The company does not undertake any obligation to publicly update or revise its forward-looking statements. The company has provided a detailed explanation and reconciliations of its adjusting items and non-GAAP financial measures in its earnings press release and on its website.

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