Financial News

  • Sales Rise 14% in Q2 at CCA

    August 1, 2012
    • CCA Industries’ sales increased 14.2% to $14.7 million in the second quarter ended May 31, 2012. For the six months, sales increased 11.6% to nearly $28.4 million. “We are pleased to be reporting higher total revenues and net…


  • High Ridge Brands Acquires White Rain

    August 1, 2012
    • Brynwood Partners VII’s portfolio company High Ridge Brands Co. has signed a definitive agreement to acquire the rights to the White Rain personal care brand from Sun Products. Additionally, as part of the transaction, High Ridge Brand…


  • Sales Soar at Sealed Air

    August 1, 2012
    • Sealed Air Corporation reported sales increased 70% to $1.92 billion in the first quarter due, in large part to the Diversey acquisition, which contributed a 66% increase in sales. The first quarter gain was also helped along by a modest inc…


  • IFF Reports Slight Drop in Sales

    August 1, 2012
    • International Flavors & Fragrances Inc. (IFF) posted a 1% drop in first quarter 2012 revenue to $711 million. “IFF continued to execute its strategy and generated results broadly in line with our expectation,” said IFF ch…


  • Q1 Sales Rise at Beiersdorf As Nivea Gains 10

    Q1 Sales Rise at Beiersdorf As Nivea Gains 10

    June 29, 2012
    Q1 Sales Rise at Beiersdorf As Nivea Gains 10%


  • Q1 Sales Rise at Beiersdorf As Nivea Gains 10%

    June 29, 2012
    • Beiersdorf AG’s Q1 sales rose 6.9% to approximately $2 billion. Net income was flat at $157 million. Consumer product sales rose 6.8%. The performance is attributable to initial su…


  • Reckitt’s Focus on Big Brands Pays Off

    June 29, 2012
    • Reckitt Benckiser’s focus on its core “power brands” and emerging markets is working, as its Q1 sales rose 4%, slightly ahead of its 3.8% estimate. For the quarter, sales came in at $3.8 billion at current exchange rates.…


  • Personal Care Sales Rise 8% To $2.4 Billion at K-C

    June 29, 2012
    • Kimberly-Clark Corporation’s first quarter sales rose 4% to $5.2 billion. In the personal care segment, sales increased 8% to $2.4 billion. Operating profit rose 3% to $399 million.…


  • RBC Capital Markets Cuts RatingOn Procter & Gamble’s Stock

    June 29, 2012
    • RBC Capital Markets downgraded Procter & Gamble Co to “sector perform” from “outperform,” expressing doubts over the management’s ability to execute a recent plan to cut costs and drive growth for its key b…


  • 2012 R&D Salary Survey

    2012 R&D Salary Survey

    Christine Esposito, Associate Editor||May 22, 2012
    For the third year in a row, the R&D members of the household and personal care industry provide information on their salaries and major concerns at work. See how your paycheck and opinions stack up.


  • Coty Bids for Avon

    April 30, 2012
    Coty Bids for Avon


  • Coty Bids for Avon

    April 30, 2012
    • Coty Inc. made an unsolicited $10 billion bid for Avon Products last month, which was promptly rejected by the board of the world’s biggest direct selling company. A wounded Avon became a target after several years of lackluster resu…


  • Profits Rise at Symrise for 2011

    April 30, 2012
    Symrise AG’s fiscal 2011 net profits rose 9.7% to $204 million due to the effects of refinancing completed in 2010 and the corresponding reduction in financing expenses, according to reports. For the year, company sales rose 0.7% to $2.21 bi…


  • Sales Increase 3% At Physicians Formula

    April 30, 2012
    Physicians Formula Holdings reported 2011 sales rose 3.1% to $80.9 million. The gain was driven by an increase in gross sales of color cosmetics, launch of the skin care line and a reduction to the returns provision. The company also stated tha…


  • Group Sales Maintained At Beiersdorf for Year

    April 30, 2012
    Beiersdorf Group’s sales for fiscal year 2011 rose 1.1% to $7.3 billion. The consumer business segment’s sales increased 1.1% to $6.1 billion. The company’s three global skin care brands, Nivea, Eucerin and La Prairie, all contrib…