Sally Beauty Holdings layoffs, on the record
Every job cut, severance charge and restructuring Sally Beauty Holdings reported in its annual reports, 2023 to 2025, quoted from the filings.
Job cuts, severance and restructuring
Our summaryThe Board approved a Distribution Center Consolidation and Store Optimization Plan that closes 330 SBS stores, 35 BSG stores and two BSG distribution centers.
Word for word“In the fourth quarter of fiscal year 2022, our Board approved the Plan consisting of the planned closure of 330 SBS stores and 35 BSG stores and two BSG distribution centers in Clackamas, Oregon and Pottsville, Pennsylvania.” 10-K for 2023
Our summaryThe company expanded the restructuring plan and announced a reduction in workforce in its field and headquarters, without stating a number of positions.
Word for word“In addition, we expanded our plan and announced a reduction in workforce within our field and headquarters.” 10-K for 2023
Our summaryThe company substantially completed the planned store and distribution center closures and recorded restructuring charges, mainly for lease termination costs.
Word for word“For fiscal year 2023, we substantially completed the planned closures under the Plan and incurred $17.2 million in restructuring charges, primarily from lease termination costs.” 10-K for 2023
Our summaryBoard approved a distribution center consolidation and store optimization plan closing SBS and BSG stores and two BSG distribution centers.
Word for word“In fiscal year 2022, our Board approved the Plan consisting of the planned closure of 330 SBS stores and 35 BSG stores and two BSG distribution centers in Clackamas, Oregon and Pottsville, Pennsylvania.” 10-K for 2024
Our summaryThe company's Board approved a plan to close 330 Sally stores, 35 BSG stores and two BSG distribution centers in Clackamas, Oregon and Pottsville, Pennsylvania.
Word for word“In fiscal year 2022, our Board approved the Plan consisting of the planned closure of 330 Sally stores and 35 BSG stores, and two BSG distribution centers in Clackamas, Oregon and Pottsville, Pennsylvania.” 10-K for 2025
Our summaryThe company states that it typically incurs employee severance, disposal and other charges when it closes facilities and stores.
Word for word“In connection with facility and store closures, we typically will also incur charges for employee severance, disposal costs and other expenses incurred with closures.” 10-K for 2025
| Fiscal year ended | Restructuring charges | Cash paid for restructuring |
|---|---|---|
| 2017-09-30 | $22.7 million | — |
| 2018-09-30 | $33.6 million | — |
| 2019-09-30 | −$682,000 | — |
| 2020-09-30 | $14 million | — |
| 2021-09-30 | $4.6 million | — |
| 2022-09-30 | $27.6 million | — |
| 2023-09-30 | $17.2 million | $15.6 million |
| 2024-09-30 | −$75,000 | — |
| 2025-09-30 | $0 | — |
Sally Beauty Holdings filed 4 restructuring notices (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Sally Beauty Holdings’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-11-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.