Financial News

  • Color Cosmetics Boost Sales at Estée Lauder

    October 3, 2016
    Buoyed by gains in color cosmetics, Estée Lauder said sales rose for the quarter and the year. For the three months ended June 30, 2016, net sales increased 5% to $2.65 billion. Fiscal 2016 fourth quarter sales benefited from innovative new pr…

  • Honest Company to Unilever?

    October 3, 2016
    Negotiations are still early, but at press time, Unilever was said to be in talks to acquire The Honest Company. The Santa Monica, CA company was cofounded by Actress Jessica Alba in 2011. A year ago, The Honest Company was valued at $1.7 billion…

  • Coty Beats Financial Estimates

    October 3, 2016
    Coty’s fourth quarter sales increased 6% to nearly $1.1 billion, but the company reported an operating loss of $2.9 million for the period. Still, both results topped estimates. “Fiscal 2016 showed our continued progress in our strat…

  • Whitehall Partners Buys Naturally Uncommon

    October 3, 2016
    In acquisition news, Whitehall Partners LLC has purchased Naturally Uncommon from its former owners and founders. Terms of the transaction were not disclosed. Headquartered in Atkinson, NH, Naturally Uncommon is an eco-conscious company that man…

  • Q2 Results Slip At Colgate-Palmolive

    October 3, 2016
    Colgate-Palmolive reported worldwide net sales fell 5.5% to $3.8 billion in the second quarter 2016. Global unit volume decreased 3.0%, pricing increased 3.0% and foreign exchange was negative 5.5%. However, operating profit increased 1% to $944 mill…

  • Another Decline at Avon

    October 3, 2016
    Second quarter revenue for Avon Products, Inc. declined 8% to $1.4 billion, but increased 4% in constant dollars and increased 5% in constant dollars when excluding the impact of the sale of Liz Earle. “Our second quarter results came in s…

  • Edgewell’s Sales Slide in Q3

    October 3, 2016
    Net sales decreased 1.3% to $2.0 million in Edgewell’s fiscal third quarter. However, sun and skin care segment profit increased 33% to $8.5 million. According to the company, excluding an estimated $2 million negative impact from internat…

  • K-C Sees Decrease in Sales

    October 3, 2016
    Kimberly-Clark Corporation reported second quarter 2016 results and confirmed its previous guidance for full-year 2016 adjusted earnings per share. Second quarter 2016 net sales fell 1% to $4.6 billion. However, organic sales rose 3%—including…

  • CCA’s Q2 Turnaround

    October 3, 2016
    Core Care America (CCA) posted a rise in results for the second quarter and six months ended May 31. In Q2, total net income increased to $423,677 from a loss of more than $1.5 million. Six-month sales were $10.5 million with net income of $639,987.…

  • Spectrum Sees 9% Rise in Q3

    October 3, 2016
    The home and garden business is good right now—as seen at Spectrum Brands Holdings, Inc. The company posted record performance for the third quarter ended July 3, 2016 and reiterated expectations for a seventh consecutive year of record results…

  • Puig Buys a Stake in Granada

    Puig Buys a Stake in Granada

    September 28, 2016
    Move boosts international presence

  • Clorox Annual Sales Reach $5.8 Billion

    Clorox Annual Sales Reach $5.8 Billion

    September 26, 2016
    New report offers video, downloads and more.

  • Gains Continue for Specialty Chemicals

    September 22, 2016
    Market volumes rose again this summer.

  • BASF Signs Personal Care Deal With IMCD

    September 22, 2016
    To manage hair, sun, skin, and body care in the Southeast.

  • Conair Acquires Hair Care Brands

    September 21, 2016
    SalonQuest, LLC deal includes Aquage and Biomega.