Financial News


  • Third Quarter Strong at Colgate

    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…
    12.04.07

  • Bare Escentuals Reports Positive Third Quarter

    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.…
    12.04.07

  • P&G Is Designed to Grow, Lafley Tells Shareholders

    Chairman of the board and chief executive officer, A.G. Lafley, updated Procter & Gamble shareholders at the annual meeting on Oct. 9. Mr. Lafley said, “P&G is a company designed to grow for the short, mid and long term—consistent…
    11.02.07

  • Chattem Reports Growth In Third Quarter

    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…
    11.02.07

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

    ­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…
    11.02.07

  • Playtex Shareholders Approve Energizer Merger

    ­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.…
    11.02.07

  • Third Quarter Sales Decline at CCA

    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,…
    11.02.07

  • Quest Acquisition Gives Givaudan a Boost

    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%…
    11.02.07

  • Pentapharm Holding Ltd. Is Now Owned by DSM

    DSM Nutritional Product’s acquisition of Pentapharm Holding Ltd. has been completed. The deal fits well into DSM’s Vision 2010 strategy to focus on accelerating and innovative growth and also allows Pentapharm to sustain and exceed its de…
    10.03.07

  • Cognis Announces Sales Rise, Financing Costs Fall

    In the first six months of 2007, global specialty chemicals company Cognis increased its net external sales by 6.2% to $2.4 billion. Currency effects reduced sales growth to 3.5%, according to the company in a press statement. The operating resu…
    10.03.07

  • Shiseido To Sell Zirh And Corduroy Brands

    Shiseido Co. Ltd. has entered into an agreement to sell the Zirh men’s skin care and fragrance brand and Corduroy men’s fragrance brand, currently marketed by Zirh International Corp. a wholly-owned subsidiary, to a group of private inves…
    10.03.07

  • Blyth Reaffirms 2008 Outlook

    Blyth, Inc., a marketer of home fragrance products, confirmed its outlook for fiscal year 2008. Commenting on the company’s full-year projections, Robert B. Goergen, chief executive officer, said, “We anticipate continued gross margin imp…
    10.03.07

  • Procter & Gambles Sales Jump 12% to $76.5 Billion

    The Procter & Gamble Company said sales rose 12% to $76.5 billion for the year ended June 30. Sales rose 9% on volume growth, including the impact of an additional three months of Gillette in fiscal 2007. Growth was driven by initiative activity…
    09.11.07

  • Inter Parfums Acquires Rights For Lanvin Personal Care

    ­Inter Parfums, Inc. announced that its 72% owned subsidiary, Inter Parfums SA, acquired the worldwide rights to the Lanvin brand names and international trademarks from Lanvin. The trademarks goods and services include soaps, perfumery, essenti…
    09.11.07

  • Hain Celestial To Acquire Tender Care Company

    The Hain Celestial Group, Inc., a natural and organic personal care products company, announced the signing of a letter of intent to acquire TenderCare International Inc., a Wisconsin-based marketer and distributor of chlorine-free and gel-free natur…
    09.11.07

  • Avon Reports 14% Gain In Second Quarter Sales

    Avon Products, Inc. reported that second-quarter 2007 total revenue grew 12% year over year (7% in local currency) to $2.3 billion. Sales of beauty products rose 14%, per the report. Sales of beauty products recorded double-digit growth for a fourth…
    09.11.07

  • Playtex To Be Acquired By Energizer Holdings

    Consumer products companies Energizer Holdings, Inc. and Playtex Products, Inc. announced the signing of a definitive agreement by which Energizer will acquire Playtex for $18.30 per share in cash plus the assumption of Playtex debt. Total enterprise…
    08.06.07

  • P&G Announces Expansion In Greensboro

    Procter & Gamble (P&G) will expand in Greensboro, N.C. investing $19 million and creating 25 new jobs. The decision means that consumer-goods giant P&G will produce a new antiperspirant in the Triad, which was competing with another P&…
    08.06.07

  • Berner Named VP At Bare Escentuals

    Bare Escentuals, Inc. announced that Karen Barner has been appointed to the newly-created position of senior vice president of the company’s direct to consumer business. Ms. Barner joins Bare Escentuals after a 13-year career at Guthy-Renker…
    08.06.07

  • Parlux Solves Nasdaq Issue

    Parlux Fragrances, Inc., Fort Lauderdale, FL rectified its filing delinquency with The Nasdaq Stock Market. On July 2, Parlux received a Nasdaq Staff Determination Letter notifying it that its failure to timely file its annual report on Form 10-K…
    08.06.07