Sally Beauty Holdings, Inc., together with its subsidiaries, operates as a specialty retailer and distributor of professional beauty supplies primarily in North America, South America, and Europe. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers professional beauty supplies, including hair color and care, skin and nail care, beauty sundries, and electrical appliances for retail customers and salon professionals. This segment also provides third-party brands, such as Clairol, CHI, China Glaze, OPI, and Conair, as well as exclusive-label professional beauty supplies. As of September 30, 2015, Sally Beauty Supply segment operated 3,655 company-operated retail stores and 18 franchised stores. The Beauty Systems Group offers professional beauty products, including hair color and care, skin and nail care, beauty sundries, and electrical appliances directly to salons and salon professionals through its sales force, as well as through company-operated and franchised stores. This segment also sells third-party brands, such as Paul Mitchell, Wella, Sebastian, Goldwell, Joico, and Aquage. As of September 30, 2015, this segment had 1,137 company-operated stores under the CosmoProf banner, as well as 157 franchised stores under the Armstrong McCall name. The company distributes its products through full-service/exclusive distribution, open-line distribution, direct, and mega-salon stores. Sally Beauty Holdings, Inc. was founded in 1964 and is headquartered in Denton, Texas.