Financial News

  • Q4, Full Year Results Slip for Edgewell

    January 4, 2016
    Edgewell Personal Care Company (EPC) posted results for the full year and fourth quarter that ended Sept. 30, 2015. This is Edgewell’s first quarter following the spin-off of its household products business on July 1, 2015. The histor…

  • Home Care Boosts Sales at Henkel

    January 4, 2016
    Driven by exceptional gains in home care, Henkel’s third quarter sales rose 8.4% to $4.9 billion. Corporate organic sales rose 3.2%. By unit, laundry and home care organic sales rose 5.5%; beauty organic sales rose 2.1% and adhesive sales incre…

  • Makeup, Fragrance Big at LVMH

    January 4, 2016
    LVMH Moët Hennessy Louis Vuitton’s perfumes and cosmetics unit reported a 16% surge in sales to $3.5 billion for the first nine months of 2015. On an organic basis, sales rose 7%. According to management, Parfums Christian Dior continued t…

  • Sales Down at Diversey Care

    January 4, 2016
    Sealed Air reported that Diversey Care’s net sales decreased 8.9% to $502 million in the third quarter. However, volume increased 2.5% and favorable  price/mix was 1.4%. In the third quarter, Diversey’s sales rose 2.7% to $1.75 bi…

  • Church & Dwight Sees Gains in Q3

    January 4, 2016
    Third quarter 2015 reported net sales increased or 2.4% to $861.8 million at Church & Dwight. Organic sales growth for the third quarter 2015 was 3.2%, driven by volume growth of 2.2% and 1.0% favorable product mix and pricing. “We are e…

  • First Quarter Business Slips At Elizabeth Arden

    January 4, 2016
    Elizabeth Arden, Inc. posted financial results for its first quarter of fiscal 2016 ended Sept. 30, 2015. Net sales fell 1.6% to $266.0 million. By segment, in the first fiscal quarter, North America segment net sales were flat, and international…

  • Record Increases At Prestige Brands Holdings

    January 4, 2016
    Prestige Brands Holdings—which touts a diverse product range with brands such as Dramamine motion sickness medication, Comet household cleaners and E.P.T. pregnancy tests—says second quarter revenues increased 13.7% over the prior year pe…

  • Business Booming at Ulta

    January 4, 2016
    Ulta says net sales in the third quarter increased 22.1% to $910.7 million. Comparable sales—for stores open at least 14 months and e-commerce business—increased 12.8%, driven by 10.6% growth in transactions and 2.2% growth in averag…

  • The Worst Job in America?

    The Worst Job in America?

    January 3, 2016
    P&G CEO David Taylor may be in for a rough 2016.

  • Ackman Trims Stake in Valeant

    Ackman Trims Stake in Valeant

    January 3, 2016
    Hedge fund maverick hedges his bet.

  • PE Firm Takes Stake in LORAC

    PE Firm Takes Stake in LORAC

    December 22, 2015
    Carol Shaw to maintain key role in product development and public relations.

  • Specialty Chemical Market Slips in Q4

    Specialty Chemical Market Slips in Q4

    December 21, 2015
    A weakness in oil chemicals, says report.

  • Avon Sells North American Ops

    Avon Sells North American Ops

    December 17, 2015
    Cerberus pumps $400 million into direct seller.

  • P&G Sues Dollar Shave Club

    P&G Sues Dollar Shave Club

    December 17, 2015
    Cites patent infringement in suit.

  • Newell, Jarden Merge

    Newell, Jarden Merge

    December 14, 2015
    Candle maker gets a new owner...again.