Financial News

  • Bare Escentuals Director Joins Company Audit Committee

    January 4, 2008
    Kristina Leslie has been appointed as an independent member of the Bare Escentuals board, effective Nov. 27, 2007. Ms. Leslie was also appointed to the board’s audit committee. Ms. Leslie brings over 15 years of private and public company s…


  • Revlon Reports Third Quarter Results

    January 4, 2008
    Revlon, Inc.’s U.S. net sales rose 19.7% to $190.9 million in the third quarter. In the company’s international operations, net sales in the third quarter of 2007 increased 1.6% to $148.8 million. The total in net sales increased to $339.…


  • Coty Boosts Its Beauty Portfolio with Del Labs

    January 4, 2008
    Coty Inc. will acquire DLI Holding Corp. and its subsidiaries. DLI Holding is the parent company of Del Laboratories, Inc. At press time, a purchase price was not disclosed. Under the terms of the agreement, all operations of DLI Holding Corp. wil…


  • Bare Escentuals Reports Positive Third Quarter

    December 4, 2007
    Bare Escentuals, Inc., San Francisco, announced its financial results for the third fiscal quarter and nine months ended Sept. 30, 2007. Net sales for the third quarter rose 29.3% to $126.6 million. Net income surged more than 100% to $20.5 million.…


  • Third Quarter Strong at Colgate

    December 4, 2007
    The Colgate Palmolive Company announced an increase in worldwide sales and unit volume together with double-digit earnings growth for third quarter 2007. Worldwide sales grew 12% to $3.5 billion. Operating profit increased 22% versus the third qu…


  • Beauty Sales Up at Avon

    December 4, 2007
    Avon Products, Inc. reported that its third-quarter total revenue grew 14% to $2.3 billion with all six operating regions contributing to the company’s revenue growth. Sales of beauty products rose 16%, while units sold increased 8%. Net in…


  • P&G Reports 8% Sales Boost

    December 4, 2007
    Procter & Gamble’s fiscal first quarterrose 8% to $20.2 billion. Every reportable segment delivered mid-single digit or higher sales growth. The fabric and home care, baby and family care and grooming segments led the growth behind continue…


  • Southern Cosmetics Announces Reverse Merger for Companies

    December 4, 2007
    Signature Leisure, Inc. announced that Revenge Designs, LLC and Southern Cosmetics, Inc. completed a reverse merger transaction whereby Revenge’s business assets and operations are now within the public company Southern Cosmetics, Inc. that tra…


  • Alberto-Culver Reports Strong Fourth Quarter

    December 4, 2007
    Alberto-Culver Company, a manufacturer and marketer of personal care products including TreSemme, Alberto VO5, Nexxus and St. Ives, announced strong sales and earnings results from continuing operations for its fourth quarter and fiscal year 2007.…


  • Clorox Acquires Burts Bees

    December 4, 2007
    The Clorox Company of Oakland, CA announced it will acquire Burt’s Bees, a leader in the natural personal care category founded in 1984, for $925 million. According to Clorox, the acquisition of Burt’s Bees is strongly aligned with the…


  • Quest Acquisition Gives Givaudan a Boost

    November 2, 2007
    Thanks to a big boost from the Quest acquisition earlier this year, Givaudan’s sales for the nine months rose more than 40% to $2.6 billion. The fragrance division recorded nine months sales of $1.3 billion, which represents a growth of 6%…


  • Third Quarter Sales Decline at CCA

    November 2, 2007
    CCA Industries, Inc. announced that sales fell nearly 11% to $14.2 million in the third quarter that ended Aug. 31, 2007. For the same period, net income dropped 8% to $1.9 million. Revenues for the nine months fell 6% to $46.5 million. Meanwhile,…


  • Playtex Shareholders Approve Energizer Merger

    November 2, 2007
    ­Playtex Products shareholders have approved the acquisition by Energizer Holdings Inc. The transaction closed in October. As a result, Playtex is no longer listed on the New York Stock Exchange.…


  • Avon Announces $2 Billion, Five-Year Stock Buyback

    November 2, 2007
    ­Avon Products will repurchase $2 billion of common stock over a five-year period following completion of its current program. Through Sept. 30, 2007, Avon purchased 26 million shares at a total cost of $904 million under the existing program beg…


  • Chattem Reports Growth In Third Quarter

    November 2, 2007
    Chattem, Inc., a marketer and manufacturer of branded consumer products, reported sales jumped 51% to $109 million for the third quarter ended Aug. 31. Net income for the quarter rose 7% to $16.3 million. For the nine months, sales rose 37% to $32…