Financial News


  • IFF Reports Slight Gain in Q2

    November 6, 2012
    • Despite difficult times in Europe, International Flavors & Fragrances Inc. (IFF) reported a 1% increase in revenue for the second quarter to $721.3 million. The company noted that excluding the impact of foreign currency, local currency…


  • Positive Impact at Clorox

    November 6, 2012
    • Clorox posted a bigger-than-expected rise in quarterly profit, as price increases, lower advertising spending and a decreased tax rate offset higher costs, and it stood by its forecast for the current fiscal year. Sales rose 4% to $1.54 b…


  • A Challenging Year For Regis Corp.

    November 6, 2012
    • Regis Corp. got clipped in fiscal 2012. For the year, sales fell 2.2% to $2.3 billion. Same-store sales declined 3.1%; however, net income rose 13% to $80.5 million. For the fourth quarter, sales slipped 4% to $568.2 million. In North Americ…


  • Ulta Names SettersenActing Chief Financial Officer

    November 6, 2012
    • Ulta Beauty appointed Scott Settersten as acting chief financial officer, effective immediately. He replaces Bruce L. Hartman, who has resigned from his position as chief financial officer by mutual agreement with the company. Chuck Rubin, p…


  • Amway Teams Up With Bank of America

    November 6, 2012
    • In recognition of its outstanding partnership, commitment to innovation and support of Amway Independent Business Owners, Bank of America has been named Amway North America’s 2012 Partner of the Year. Bank of America provides Amway…


  • Sales Jump 10 at Este Lauder

    Sales Jump 10 at Este Lauder

    October 1, 2012
    Sales Jump 10% at Estée Lauder


  • Sales Jump 10% at Estée Lauder

    October 1, 2012
    • Lux is back in a big way. Estée Lauder’s fiscal 2012 sales rose 10% to $9.71 billion. Excluding the impact of foreign currency translation, net sales also increased 10% from a year ago. The company reported a 110 basis point i…


  • Blyth To Issue IPO for ViSalus

    October 1, 2012
    • Blyth, Inc., owner of direct selling fitness and weight management company ViSalus, has filed a registration statement on Form S-1 with the US Securities and Exchange Commission (SEC) for a potential initial public offering (IPO) of its Clas…


  • Fiscal 2012 Sales Rise 5.3% at Elizabeth Arden

    October 1, 2012
    • Elizabeth Arden, Inc. revealed financial results for its fourth fiscal quarter and fiscal year ended June 30, 2012. For the quarter ended June 30, 2012, the company reported a 4.6% increase in net sales to $265.5 million. For the year en…


  • A Lift in Q2 Sales at Macy’s

    October 1, 2012
    • Macy’s Inc.’s net income rose nearly 16% to $279 million, while sales in the second quarter rose 3% on a comparable store basis to $6.12 billion. “We were pleased with our spring season results, and they came on top of e…


  • Profits Leap at L’Oréal

    October 1, 2012
    • L’Oréal said its first-half net profits rose 10.8% to $2.11 billion and confirmed it expects to outperform the market this year. Operating profits increased 11.4% to $2.46 billion. The company’s sales for the period rose 1…


  • Procter Gambles Net Income Soars in Q4

    August 31, 2012
    Procter & Gambles Net Income Soars in Q4


  • Procter & Gamble’s Net Income Soars in Q4

    August 31, 2012
    • Procter & Gamble Co. reported fourth quarter net income far above Wall Street’s expectations. Net income jumped 74% to $3.63 billion, as revenue fell 1.2% to $20.2 billion. “We enter fiscal 2013 with very strong developi…


  • Colgate Q2 Sales Rise 2%

    August 31, 2012
    • Colgate-Palmolive Company’s second quarter sales rose 2% to more than $4.2 billion. Unit volume grew 5.0%, pricing increased 3.5% and foreign exchange was negative 6.5%. Excluding divested businesses, global unit volume grew 5.5%. The…


  • Q2 Sales Jump 20% At Inter Parfums

    August 31, 2012
    • Inter Parfums’ second quarter sales rose 20% to $145.6 million. European sales rose 18% to $125.6 million and US sales rose 37% to $20 million. For the six months, sales rose 22% to nearly $311 million. US sales were up 19% to $228.1 m…