MEDIUMOutside partySupplier
limited number of manufacturers
“10-K Item 1A: 'We depend on a limited number of manufacturers for a significant percentage of the products we sell.'”
SBH · Concentration risk · 10-K extracted
Sally Beauty Holdings, Inc. (Na (SBH) concentration risks
Updated
The most significant concentration Sally Beauty Holdings, Inc. (Na discloses is limited number of manufacturers, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Sally Beauty Holdings, Inc. (Na’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH0
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Sally Beauty Holdings' disclosed concentration risk is limited to a single supply-side dependency: the company depends on a limited number of manufacturers for a significant percentage of the products it sells. This is a dependency-type exposure rather than a structural, macro-level risk — it reflects reliance on specific counterparty relationships rather than diversification across a broad geographic or product base. Because no percentage figure is disclosed, the precise scale of this reliance cannot be quantified from the filing, but the company itself frames it as significant. A disruption at one or more of these manufacturers — whether from production issues, contract renegotiation, or supply chain disruption — could directly affect product availability and margins in a way that would be harder to offset given the concentrated supplier base. With no other customer, geographic, or product concentration disclosed in the cited claims, this supplier dependency stands as the primary named concentration risk for the business, though its net effect on the investment case is difficult to size precisely without a disclosed percentage.
For the engine’s reasoning on SBH’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Specialty Retail
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ARKO | ARKO Corp. | 1 | 2 | 0 | 3 |
| BBWI | Bath & Body Works, Inc. | 0 | 3 | 1 | 4 |
| ARHS | Arhaus, Inc. | 0 | 1 | 1 | 2 |
| ASO | Academy Sports and Outdoors, In | 0 | 1 | 0 | 1 |
| SBH● | Sally Beauty Holdings, Inc. (Na | 0 | 1 | 0 | 1 |
| BBY | Best Buy Co., Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.