Financial News

  • Financial News

    March 11, 2010
    Q2 Sales Up 6% at P&G The Procter & Gamble Company (P&G) delivered net sales growth of 6% to $21 billion for the October-December 2009 quarter. “We are pleased with the top- and bottom-line underlying results for the quart…


  • Financial News

    February 5, 2010
    Shiseido To Acquire Bare Escentuals There’s gold in mineral makeup...at least for shareholders of Bare Escentuals. Shiseido will acquire Bare Escentuals for approximately $1.7 billion through an all-cash tender offer and second-step merger…


  • Financial News

    January 6, 2010
    P&G First Quarter Sales Exceed Expectations The Procter & Gamble Company reported fiscal first quarter net sales declined 6% to $19.8 billion for the July-September quarter. Still, sales exceeded the company’s guidance, which had p…


  • Financial News

    November 30, 2009
    Alberto Culver Reports Solid 4Q and Fiscal Year Alberto Culver Company—manufacturer and marketer of personal care products including TreSemme, Alberto VO5, Nexxus, St. Ives and Noxzema—posted growth in organic revenue for the fourt…


  • Financial News

    October 6, 2009
    Recession Dents P&G’s Results for Fiscal Year The recession did some damage to Procter & Gamble in its recently concluded fiscal year. Unit volume declined 3% as the global economic downturn, credit crisis and price increases contr…


  • Financial News

    September 4, 2009
    Clorox Delivers Solid Fiscal 2009, 4Q Results Clorox reported solid earnings growth driven by stable sales and strong gross margin expansion for its fourth quarter and fiscal year 2009 ended June 30, according to the company. Fourth-quarter 2009…


  • Financial News

    July 9, 2009
    Looking Up at Ulta: Net Sales Rise 12.3% Ulta Salon, Cosmetics & Fragrance, Inc. posted favorable financial results for the first quarter ended May 2, 2009. Net sales increased 12.3% to $268.8 million. Operating income rose 10.8% to $9 milli…


  • Financial News

    June 9, 2009
    Church & Dwight Reports Strong First Quarter Sales Church & Dwight Co., Inc. reported first quarter net income rose 11% to $62.6 million. Net sales jumped 5% to $580.9 million. Organic sales increased by approximately 6%, excluding the i…


  • Financial News

    May 4, 2009
    New Report Shows Highs and Lows at Inter Parfums Fragrance marketers are still trying to make “scents” in the troubled economy. Inter Parfums, Inc. posted mixed results for the fourth quarter and year ended Dec. 31, 2008. In the four…


  • Financial News

    April 1, 2009
    Grand Brands Buys Lander Product Line Grand Brands, LLC, a Grand Rapids, MI-based brand licensing company, has purchased the Lander product line, a well-established American bath and beauty care brand that has been on the shelves since 1920.…


  • Financial News

    March 3, 2009
    Estée Lauder To Cut  Its Workforce by 6% Stung by a 6% decline in fiscal second quarter sales, Estée Lauder will cut 2000 jobs (6% of its workforce) over the next two years as part of a four-year restructuring program. Net sal…


  • Financial News

    February 9, 2009
    Beiersdorf Posts an 8% Rise in Sales for the Year With a targeted focus on skin and beauty care, Beiersdorf posted strong gains last year, despite a weakening economy. According to preliminary figures for 2008, the company generated an 8% sales…


  • Unit Sales Boost Revlon's Third Quarter Results

    December 8, 2008
    Revlon reported a 1% increase in third quarter sales to $334.4 million, while posting net income of $29.2 million, vs. a loss of $10.4 million a year ago. However, the gain in profit is attributable to the July sale of Revlon’s Bozzano branded…


  • Physicians Formula Posts Small Gain in Third

    December 8, 2008
    Physician's Formula's third quarter sales rose 2.5% to $20.3 million. Net income soared from $102,000 to nearly $1.7 million. “Given the very soft consumer environment, we are pleased with our double-digit net sales growth we have achieved i…


  • Avons Beauty Product Sales Soar 15% in Q3

    December 8, 2008
    Avon Products’ profit in the third quarter rose 60% to $222.6 million, boosted by strong foreign sales, demand for new products and a tax benefit. Sales of beauty products rose 15%. The company’s 15% growth in beauty sales included increa…