Sally Beauty improves cash flow and reduces debt requirements

Sally Beauty Holdings, a retailer of beauty supplies, has reported strong free cash flow. The company generates about 70% of its sales from hair coloring and care products, which are known for their stability. Recent developments indicate that Sally Beauty has reduced its debt paydown requirements. This change may provide the company with more flexibility in managing its finances. Overall, Sally Beauty's financial position appears to be improving, with a focus on maintaining cash flow while managing debt levels.