COMP <GO>

SBH vs BOBS // 10Y YIELD & FRED MACRO BETA

Sally Beauty Holdings Inc. (Name to be changed from Sally Holdings Inc.) (NYSE) VS. Bob's Discount Furniture Inc. (NYSE) • 15-METRIC TALLY: SBH 0 — BOBS 2

■ METRIC PARITY

SBH — Sally Beauty Holdings Inc. (Name to be changed from Sally Holdings Inc.) ROARABLE B+ • RQD 79/100

LAST: $18.23 (+4.71%) • MKT CAP: $1.71B

DES <GO> FA <GO> 10-K RED <GO>

macro-sensitivity

—

BOBS — Bob's Discount Furniture Inc. ROARABLE D+ • RQD 57/100

LAST: $16.43 (+2.95%) • MKT CAP: $2.15B

DES <GO> FA <GO> 10-K RED <GO>

macro-sensitivity

—

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SBH VS. BOBS) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	SBH	BOBS	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	51.60%	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	38.90%	—	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	3.7x	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	10.12%	—	—	TIE	/fcf-yield <GO>
Operating Margin	8.90%	—	—	TIE	/operating-margins <GO>
Net Profit Margin	5.30%	—	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	-0.40%	—	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	2.95	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	7/9	—	—	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	63.8	64.5	-0.71	BOBS	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta ACTIVE	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	8.1x	—	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$1.71B	$2.15B	-$440.5M	BOBS	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	SBH REV	BOBS REV	SBH GROSS %	BOBS GROSS %	SBH FCF	BOBS FCF
FY 2025	$3.70B	$0	51.6%	—	$172.7M	—
FY 2024	$3.72B	—	50.9%	—	$145.4M	—
FY 2023	$3.73B	—	—	—	$249.3M	—

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

SBH // BETA —

BOBS // BETA —