Financial News

  • Novozymes Sales Rise 7% in 2012

    April 4, 2013
    • Novozymes’s 2012 sales rose 7% to more than $2.0 billion, the company reported. Net profit rose 10% to nearly $360 million. This year, the company expects organic sales growth of 5-8%. “We delivered strong earnings growth and reco…


  • Net Sales Rise 7.4% At Yankee Candle

    Net Sales Rise 7.4% At Yankee Candle

    April 4, 2013
    • Yankee Holding Corp. and The Yankee Candle Company, Inc. posted financial results for the fourth quarter and full year ended Dec. 29, 2012. For the year ended Dec. 29, 2012, total company net sales increased 7.4% to $844.2 million. Retail sal…


  • US Economy Expanded in Q4

    April 4, 2013
    Here’s hoping that red ink is erasable. The US economy actually grew in the fourth quarter of 2012—but just barely—instead of contracting for the first time in three and a half years, according to the Commerce Department. The U…


  • Net Sales at Revlon Rise 3.2% for 2012

    March 14, 2013
    • Revlon, Inc. posted results for the year and the fourth quarter ended Dec. 31, 2012. For the year, net sales rose 3.2% to $1.4 billion. The increase was primarily driven by higher net sales of Revlon color cosmetics, Revlon ColorSilk hair colo…


  • A Challenging Year for Avon

    March 14, 2013
    • Avon Products, Inc. posted fourth -quarter and full-year 2012 results for the year ended Dec. 31, 2012. For the fourth quarter, total revenue decreased 1% to $3.0 billion. Total units grew 2% and price/mix decreased 1% during the quarter. Acti…


  • Sales Jump at L’Oréal

    March 14, 2013
    • L’Oréal posted sales of $28.8 billion last year, a gain of 10.4%. Net income increased 15.1% to $3.8 billion. The company noted that 2012 was a milestone year as new markets became the No. 1 geographic zone. By division, professi…


  • Inter Parfums Issues Guidance

    March 14, 2013
    • Inter Parfums, Inc. released its initial guidance for 2013, which calls for net sales of approximately $460.0 million and net income attributable to Inter Parfums, Inc. of approximately $26.4 million. The guidance assumes the dollar remains at…


  • Sales Rise 7% at Estée Lauder

    March 14, 2013
    • The Estée Lauder Companies Inc. reported net sales for its second quarter ended Dec. 31, 2012 rose 7% to $2.93 billion. For the six months ended Dec. 31, 2012, the company reported a 5% increase in net sales to $5.48 billion. Net sales…


  • Nu Skin’s Revenues Rise

    March 14, 2013
    • Nu Skin Enterprises, Inc. said fourth quarter sales jumped 19% to a record $588.2 million. Revenue in the Americas improved 4% to $80.1 million. “We are pleased with our solid fourth-quarter results and believe 2013 will be another reco…


  • Unilever Posts Double-Digit Gains

    March 14, 2013
    • Once again, Unilever showed that it knows a thing or two about selling shampoo and soap bars in emerging markets. Led by sales gains in India, Brazil and other growth countries, the company reported 2012 sales rose 10.5% to €51.3 billion…


  • Q4 Sales Rise 2.5% At Colgate-Palmolive

    March 14, 2013
    • Colgate-Palmolive Company posted a 2.5% increase in worldwide net sales to $4.3 billion in the fourth quarter 2012. Global unit volume grew 1.5%, pricing increased 2.5% and foreign exchange was negative 1.5%. Net income rose 6% to $671 milli…


  • Nu Skin’s Q3 Is a CharmAs Sales Surge 23%

    February 13, 2013
    • Nu Skin Enterprises, Inc. reported record third-quarter results as sales rose 23% to $526.2 million. Additionally, the company announced that it is increasing its full-year 2012 revenue guidance to $2.11 billion, a 21% gain over 2011. “…


  • Robert af Jochnick Takes Bigger Stake in Oriflame

    February 13, 2013
    • Robert af Jochnick, Oriflame’s chairman, has acquired 50,000 shares in Oriflame Cosmetics S.A., increasing his holding to approximately 6.5% of the votes and capital in the company. Founded in 1967 by two brothers and their friend, Orif…


  • Personal Care Sales Flat At Helen of Troy

    February 13, 2013
    • Helen of Troy Limited posted a 10.6% rise in total sales to $374.6 million for the third quarter of fiscal 2013. The increase was attributable to higher sales in the health care segment, driven by sales increase from the acquisition of the Pur…


  • First Quarter Sales Get Clipped At Regis Corporation

    February 13, 2013
    • For the first quarter of 2013, Regis Corporation reported that net sales fell 4.9% to $505.4 million. Same store sales declined 3.1%, while same store transaction counts for salon businesses declined 2.3%. “First quarter results are ind…