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Snippets: Sally s Net Decrease Jonathan Change L Oreal Moves

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SALLY'S NET DECREASE: Second-quarter profits at Sally Beauty Holdings narrowed to $11 million from $31.2 million in the same period a year ago due to a significant increase in interest expense to nearly $43 million. Earnings per diluted share for the quarter ended March 31 came in at 6 cents a share on sales that rose by 4.9 percent to $609.3 million from $581.1 million a year ago. Comparative store sales at the firm's Sally Beauty Supply unit rose 2 percent on sales of $381.8 million, while comp store sales at its Beauty Systems Group division were up 11 percent on sales of $227.5 million.

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