Bare Escentuals Still Going Strong in First Quarter 2008
June 23, 2008
Bare Escentuals, Inc. posted its financial results for the first fiscal quarter ended March 30, 2008. Net sales were $140.4 million, an increase of approximately 21% from $115.6 million in the prior year. Net income for the first quarter of fiscal 2008 was $25.8 million, a rise of 26%. For fiscal 2008, the company continues to expect sales to grow in the range of 20%-25%.