12.09.05
Alberto-Culver Co. announced that profit rose 4% in its fiscal third quarter on 9% sales growth. For the three months ended June 30, the company earned $53.4 million, up from $51.5 million a year ago. Excluding a charge related to changes in its share structure, Alberto-Culver would have earned $55.8 million.
Revenue grew 9% to $898.9 million from $823.2 million, led by Tresemme, Alberto V05 and St. Ives products, the company said. Its Sally Beauty Supply business also posted strong results, Alberto-Culver said. This sales growth was partly offset by higher costs for raw materials and fuel, the company said. In addition, the Beauty Systems Group unit posted lower profit.
Revenue grew 9% to $898.9 million from $823.2 million, led by Tresemme, Alberto V05 and St. Ives products, the company said. Its Sally Beauty Supply business also posted strong results, Alberto-Culver said. This sales growth was partly offset by higher costs for raw materials and fuel, the company said. In addition, the Beauty Systems Group unit posted lower profit.