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
  • Innovation On Display

    Melissa Meisel, Associate Editor||February 3, 2016
    P&G Beauty Digital Studio showcases new products for 2016

  • Crowning Glory

    Crowning Glory

    Christine Esposito , Associate Editor||February 3, 2016
    Celebrity stylists and experts from leading hair care brands talk about the ingredients and formats driving the styling sector.

  • Electric Slide

    Electric Slide

    Melissa Meisel, Associate Editor||February 3, 2016
    Skin care devices bring anti-aging to the next level