Sally Beauty Holdings Inc
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Nov 14, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 2. PROPERTIES
Substantially all of our stores and a number of our warehouse and remote office locations are leased while our corporate headquarters in Denton, Texas (see below for more information) and three of our warehouses/distribution centers are owned. The average store lease is for a term of five years with customary renewal options. The following table provides the number of stores per state in the U.S. and certain international locations, as of September 30, 2024:
| SBS · BSG | |||
|---|---|---|---|
| Location | Company-Operated | Company-Operated | Franchise |
| United States (including Puerto Rico) | |||
| Alabama | 39 | 11 | 2 |
| Alaska | 4 | 3 | — |
| Arizona | 75 | 32 | 3 |
| Arkansas | 23 | 11 | — |
| California | 244 | 154 | — |
| Colorado | 45 | 19 | — |
| Connecticut | 24 | 20 | — |
| Delaware | 6 | 2 | — |
| Florida | 167 | 79 | 2 |
| Georgia | 73 | 29 | — |
| Hawaii | 6 | 5 | — |
| Idaho | 14 | 11 | — |
| Illinois | 73 | 49 | — |
| Indiana | 49 | 32 | — |
| Iowa | 23 | 11 | — |
| Kansas | 18 | 8 | — |
| Kentucky | 41 | 21 | — |
| Louisiana | 37 | — | 16 |
| Maine | 7 | 4 | — |
| Maryland | 24 | 22 | — |
| Massachusetts | 38 | 28 | — |
| Michigan | 63 | 35 | — |
| Minnesota | 33 | 20 | — |
| Mississippi | 24 | 2 | 6 |
| Missouri | 40 | 15 | — |
| Montana | 8 | 7 | — |
| Nebraska | 17 | 8 | — |
| Nevada | 31 | 15 | — |
| New Hampshire | 14 | 8 | — |
| New Jersey | 37 | 13 | — |
| New Mexico | 22 | 4 | 3 |
| New York | 67 | 45 | — |
| North Carolina | 85 | 38 | — |
| North Dakota | 4 | 5 | — |
| Ohio | 107 | 56 | — |
| Oklahoma | 39 | 2 | 5 |
| Oregon | 32 | 14 | — |
| Pennsylvania | 75 | 57 | — |
| Puerto Rico | 37 | 8 | — |
| Rhode Island | 6 | 4 | — |
| South Carolina | 35 | 14 | — |
| South Dakota | 5 | 4 | — |
-24 -
| SBS · BSG | |||
|---|---|---|---|
| Location | Company-Operated | Company-Operated | Franchise |
| United States (including Puerto Rico) | |||
| Tennessee | 59 | 30 | — |
| Texas | 266 | 6 | 94 |
| Utah | 31 | 23 | — |
| Vermont | 2 | 1 | — |
| Virginia | 47 | 33 | — |
| Washington | 47 | 29 | — |
| West Virginia | 11 | 7 | — |
| Wisconsin | 32 | 27 | — |
| Wyoming | 4 | — | — |
| Total United States (including Puerto Rico) | 2,310 | 1,081 | 131 |
| International: | |||
| Mexico | 254 | — | — |
| United Kingdom | 235 | — | — |
| Canada | 110 | 119 | — |
| France | 73 | — | — |
| Belgium | 52 | — | — |
| Chile | 34 | — | — |
| Netherlands | 27 | — | — |
| Spain | 19 | — | — |
| Germany | 15 | — | — |
| Total International | 819 | 119 | — |
| Total Store Count | 3,129 | 1,200 | 131 |
The following table provides locations for our significant offices and warehouses and our corporate headquarters, as of September 30, 2024:
| Location | Type of Facility | Approximate Sq. Feet | BusinessSegment |
|---|---|---|---|
| Company-Owned Properties: | |||
| Denton, Texas | Corporate Headquarters (1) | 200,000 | N/A |
| Reno, Nevada | Warehouse | 253,000 | SBS |
| Columbus, Ohio | Warehouse | 246,000 | SBS |
| Jacksonville, Florida | Warehouse | 237,000 | SBS |
| Leased Properties: | |||
| Fort Worth, Texas | Warehouse | 494,000 | BSG |
| Greenville, Ohio | Warehouse | 245,000 | BSG |
| Fresno, California | Warehouse | 200,000 | BSG |
| Blackburn, Lancashire, England | Warehouse | 195,000 | SBS |
| Spartanburg, South Carolina | Warehouse | 190,000 | BSG |
| Ghent, Belgium | Office, Warehouse | 94,000 | SBS |
| Ronse, Belgium | Office, Warehouse | 91,000 | SBS |
| Guadalupe, Nuevo Leon, Mexico | Warehouse | 78,000 | SBS |
| Ghent, Belgium | Warehouse | 67,000 | SBS |
| Calgary, Alberta, Canada | Warehouse | 60,000 | BSG |
| Mississauga, Ontario, Canada | Warehouse | 60,000 | BSG |
| Saint-Jerome, Quebec, Canada | Warehouse | 50,000 | BSG |
(1)
As of September 30, 2024, we had entered into an agreement to sell the Denton, Texas location to Denton County, Texas and closed on the sale of the building on October 24, 2024.
-25 -
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.