Breaking News

Business Is Booming At Bare Escentuals

April 3, 2008

Mineral makeup giant Bare Escentuals, Inc.’s net sales for the fourth quarter of fiscal 2007 soared 31% to $144.6 million. Net income was $27 million.

For the year that ended Dec. 30, 2007, sales rose 30% to $511 million, while net income jumped 75% to $88.1 million.

“We are very pleased with our fourth quarter financial results as we experienced continued strong brand momentum,” said Leslie Blodgett, chief executive officer of Bare Escentuals. “We attribute our performance to the great efforts put forth by our retail partners, suppliers, employees and, of course, the loyal community of Bare Escentuals customers. We intend to continue to build upon this momentum in 2008 by expanding our product offering and by increasing access to Bare Escentuals products both here and abroad.”

For fiscal 2008, the company continues to expect sales to grow in the range of 20% to 25% compared to fiscal year 2007.
blog comments powered by Disqus
  • Pushin’ the Cushion

    Pushin’ the Cushion

    Christine Esposito, Associate Editor||July 26, 2016
    AmorePacific, the creator of the cushion compact, continues to improve its unique product.

  • Cozy Makes a Splash

    Cozy Makes a Splash

    Melissa Meisel, Associate Editor||July 25, 2016
    Expands reach in CVS and introduces new collection.

  • Senior Skin Care

    Senior Skin Care

    Christine Esposito, Associate Editor||July 19, 2016
    McCord Research and Product Quest Manufacturing roll out new hospital-grade skin care kits for seniors to use at home.

  • Sustainability is Omnipresent

    Sustainability is Omnipresent

    Christine Esposito , Associate Editor||July 1, 2016
    Industry stakeholders convene in New York City for Organic Monitor’s annual event

  • Perceived Perfection

    Perceived Perfection

    Christine Esposito, Associate Editor||July 1, 2016
    From primers to pressed powders, facial cosmetics help create the illusion of a flawless complexion.

  • Preserve & Serve

    Preserve & Serve

    Melissa Meisel , Associate Editor||July 1, 2016
    Suppliers with innovative preservatives provide staying power for formulations.