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Alberto-Culver Reports Q1 Sales, Profits

January 27, 2005

The Alberto-Culver Company reported record sales and profits for the first quarter of fiscal 2005, ended Dec. 31, 2004. Sales were $848 million, a 10.8% increase over last year's first quarter, and net earnings rose 21.2% to $51.9 million excluding a non-cash charge.

"New product launches for our main global brand franchises will be coming domestically and around the world (and) will hopefully boost our sales in the second quarter and the rest of fiscal 2005," said Howard B. Bernick, president and chief executive officer.

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