Breaking News

Profits Fall at Alberto Culver

April 28, 2009

Company reports slight sales decline in second quarter.

Alberto Culver Co.’s second-quarter profits fell 3.3% to $28.1 million, as sales dropped 1.4% to $344.3 million. Gross margin fell to 50.3% of sales from 53.3% a year ago.

“Our business continues to be sound, with great brands, an experienced and focused leadership team and a strong balance sheet that allows us to invest both behind our equities and our infrastructure,” said V. James Marino, president and chief executive officer, on the company earnings call. “Our long-term strategy of growth and margin expansion remains in tact, and our team is committed to continuing to deliver results and creating value for our shareholders.”

For the first half, profits fell 0.3% to $59.7 million, while revenue rose 0.7% to $697.2 million.
blog comments powered by Disqus
  • Kitchen Counter Cosmetics

    Kitchen Counter Cosmetics

    Christine Esposito, Associate Editor||May 2, 2016
    LOLI box marks the convergence of natural and organic ingredients, subscription service and DIY cosmetic chemistry.

  • What’s New at La Prairie?

    What’s New at La Prairie?

    Melissa Meisel, Associate Editor||April 25, 2016
    VP of marketing shares the latest buzz with Happi.

  • Mapping Out Multicultural Beauty

    Mapping Out Multicultural Beauty

    April 25, 2016
    Agnieszka Saintemarie of Kline Group about current trends and challenges in multicultural beauty.

  • Erasing the Signs of Aging

    Pauline Rouaud-Tinguely, David Boudier, Sylvain Mazalrey, Jenny Laumonier, Isabelle Cruz, Gu00e9raldine Bon, Karine Perrinet, Bu00e9ranger Tassy, Brigitte Closs, Silab R&D, Saint-Viance, France||May 2, 2016
    Silab researchers explain how by acting on the endogenous hyaluronic acid pathway.

  • I Want It All

    I Want It All

    Melissa Meisel , Associate Editor||May 2, 2016
    Skin care moves beyond the basics with pampering formulations with unique components and novel functions.

  • Wacker Builds on Its Success

    Wacker Builds on Its Success

    Tom Branna, Editorial Director ||May 2, 2016
    The silicone maker had a good 2015 and expects the gains to continue in 2016, driven, in part, by success in the Americas and