Financial News


  • Minerals Boom Profitable For Physicians Formula

    Physicians Formula Holdings, Inc. reported net sales for the first nine months of 2007 at $77.6 million, an increase of 12.6%. Gross sales for the first nine months of 2007 were $112.4 million, an increase of 23.1%. Net sales for the third quarter…
    01.04.08

  • VMG Partners Invests In Colorescience Minerals

    VMG Partners, a private equity firm based in San Francisco, CA, has made an equity investment in luxury mineral makeup brand, Colorescience. The partnership will bring financing and brand building power to the cosmetic line established in 2000. Ac…
    01.04.08

  • Parfum dImage To Acquire Latitudes International

    The Parfum d’image Group, through its American subsidiary Parfum d’image Inc., has agreed to acquire a 100% stake in the Los Angeles-based Latitudes International Fragrance. Founded in 1994 by Jill Belasco, its current chairman and CE…
    01.04.08

  • Elizabeth Arden Announces First Quarter 2008 Results

    Elizabeth Arden, Inc. reported sales increased 6.7% to $271.8 million for the first quarter that ended Sept. 30, 2007. Net sales growth was driven by the global launch of the M by Mariah Carey fragrance, increased sales of prestige fragrances to U.S…
    01.04.08

  • Hain Celestial Sees Rise In Sales for First Quarter

    The Hain Celestial Group, Inc. reported first quarter sales rose 13% to $237.2 million. Net income for the first quarter, which ended Sept. 30, 2007, was $10.8 million, a 22% increase.…
    01.04.08

  • Blyth Adjusts Its 2008 Financial Outlook

    Blyth, Inc. increased its outlook for fiscal year 2008. Management increased its expectations for cash flow from operations to be in excess of $90 million for fiscal year 2008 versus prior guidance of cash flow from operations in excess of $85 millio…
    01.04.08

  • Beauty Sales Up at Ulta

    Ulta Salon, Cosmetics & Fragrance, Inc. announced net sales increased 25.4% to $208.2 million in the third quarter. Operating income increased 13.2% to $8 million, while net income rose 16.3% to $4.2 million. According to the company, a 6.7% c…
    01.04.08

  • Clorox Acquires Burts Bees

    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…
    12.04.07

  • Alberto-Culver Reports Strong Fourth Quarter

    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.…
    12.04.07

  • Southern Cosmetics Announces Reverse Merger for Companies

    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…
    12.04.07

  • P&G Reports 8% Sales Boost

    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…
    12.04.07

  • Beauty Sales Up at Avon

    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…
    12.04.07

  • 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