Financial News

  • Sally Beauty’s Third Quarter Sales Rise 6%

    August 31, 2012
    • Sally Beauty Holdings’ consolidated net sales rose 6% to $887.0 million for the quarter ended June 30, 2012. The beauty products retailer attributed the gain primarily to same store sales growth, the addition of new stores and acquisit…


  • Ellman Technologies Picks Up Sandstone

    August 31, 2012
    • Ellman Technologies has acquired the assets of Sandstone Medical Technologies, LLC, a leader in the aesthetic laser and IPL technology field. The transaction significantly enhances Ellman’s presence in the aesthetic market with laser a…


  • Swander Pace To AcquirePhysicians Formula

    August 31, 2012
    • Physicians Formula Holdings, Inc. and Swander Pace Capital have entered into a definitive merger agreement under which affiliates of Swander Pace will acquire Physicians Formula, the maker of a range of skin care products. Under the terms…


  • Sales Jump 14% in Q2 at CCA

    August 31, 2012
    • CCA Industries’ sales increased 14.2% to $14.7 million in the second quarter ended May 31, 2012. The company reported net income of $302,100, compared to a loss of $247,268 a year ago. For the six months, sales increased 11.6% to nearl…


  • Pershing Square Takes Stake in PG

    August 1, 2012
    Pershing Square Takes Stake in P&G


  • Pershing Square Takes Stake in P&G

    August 1, 2012
    • Pershing Square Capital Management, a hedge fund led by CEO William Ackman, got cleared by the Federal Trade Commission to take a stake in Procter & Gamble, according to reports. Following the announcement, shares of P&G rose 4.4%…


  • Burberry Buys Back Its Fragrance License

    August 1, 2012
    • Burberry will pay €181 million ($221.5 million at current exchange rates) to buy out the license rights for its fragrance and beauty products from Inter Parfums SA, effective Dec. 31. “To maintain flexibility in pursuing its ob…


  • TPR Acquires Cargo Cosmetics

    August 1, 2012
    • TPR Holdings has acquired a controlling interest in Cargo Cosmetics. TPR is a New York-based based investor and operator of beauty and consumer brands. TPR has also provided transition services for large consumer products companies inclu…


  • Physicians Formula’s Sales Rise 24%

    August 1, 2012
    • Physicians Formula Holdings, Inc. posted favorable financial results for the three months ended March 31, 2012. Net sales for the first quarter of 2012 rose 24% to $26.2 million. The net sales growth was driven by an increase in color cosmet…


  • 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…