Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue Beauty I&O
 •  SEC Charges Insider Trading Over Herbalife  •  Lauder Expands Efforts To Defeat Breast Cancer  •  TSG Promotes Hadley Mullin  •  NGO Attacks DMDM Hydantoin  •  Berjé Names Romeo VP of Sales
Print

Net Sales Slip at Physicians Formula



Published November 30, -0001
Related Searches: anti hair officer quarter
Post a comment
Physicians Formula’s net sales for the first quarter of 2009 dropped almost 50% to $20.2 million, compared to the same period in 2008.

Ingrid Jackel, company chairwoman and chief executive officer, stated, “During the first quarter, we experienced a significant disconnect between our reported net sales and our retail sell-through due to the current environment. Sell-through of Physicians Formula at our retailer partners only experienced a mid single-digit decline in the first quarter of 2009. As anticipated, our results during the first quarter were adversely impacted by drastic changes in the retail environment compared to last year.


blog comments powered by Disqus