Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue November 2015
 •  The Laundress Opens Flagship Store  •  New Anti-Aging Active at Silab  •  Innospec Attains Cosmetic GMP Certification  •  Herbalife Clears Another Legal Hurdle  •  Mary Kay Picks Location for New R&D Center

Playtex Reports Profit Due to Woolite Sale

Published December 9, 2005
Related Searches: quarter sales november executives
Post a comment
Playtex Products, Inc. executives said the company swung to a profit in the fourth quarter due to a gain from the divestiture of Woolite last November. Net income for the quarter was $37.5 million. Excluding charges and gains, including a gain of $56.5 million from the Woolite sale, Playtex reported a loss of $241,000.
Sales were $140.9 million, down from $143.6 million in the year-ago period. Excluding sales of Woolite, sales rose 1.2% in the fourth quarter. Full-year earnings increased $55.5 million compared to $18.2 million in the year-earlier period.

blog comments powered by Disqus