Financial News

  • 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 se…

  • 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 ext…

  • 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 bill…

  • 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…

  • 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…

  • 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…

  • US Sales Rise for Revlon

    January 4, 2016
    Revlon posted mixed results for the third quarter ended Sept. 30, 2015. Net sales slipped 0.2% to $471.5 million as the US business reported gains, but international sales fell. Consumer segment net sales were flat at $348.1 million as gains from sal…

  • Inter Parfums Predicts Solid Results in New Year

    January 4, 2016
    Inter Parfums, Inc. released its initial 2016 guidance, which calls for net sales in the range of $500 to $510 million compared to the 2015 guidance range of $460 to $470 million. Chairman and CEO Jean Madar commented, “As discussed in connect…

  • Avon sells north american operations to Cerberus

    January 4, 2016
    After weeks of speculation, Avon North America will be separated from Avon Products into a privately-held company that will be  majority-owned and managed by Cerberus Capital Management, a private equity firm. The move was initially cheered by…

  • 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.