02.01.10
Alberto Culver Company posted growth in sales for the first quarter. Net sales increased 2.9% to $363.0 million for the manufacturer and marketer of beauty care brands including TreSemme, Alberto VO5, Nexxus, St. Ives, Noxzema and Simple, which was recently acquired.
Commenting on the results, Alberto Culver President and Chief Executive Officer V. James Marino said, "While the hair care category remains soft, trends are slowly beginning to improve and we continue to gain market share.Sales growth was particularly strong in our international segment, even with a very strong performance in the prior year quarter."
Carol Lavin Bernick, executive chairman of the company, said, "While market conditions remain challenging, our business model continues to generate profitable growth.Our focus and consistent strategy of driving growth in our core beauty care brands is a major contributor to our success.Our December acquisition of Simple, a U.K.-based leading skin care brand, builds on that strategy, further strengthens our beauty care portfolio and creates additional growth opportunities."
Commenting on the results, Alberto Culver President and Chief Executive Officer V. James Marino said, "While the hair care category remains soft, trends are slowly beginning to improve and we continue to gain market share.Sales growth was particularly strong in our international segment, even with a very strong performance in the prior year quarter."
Carol Lavin Bernick, executive chairman of the company, said, "While market conditions remain challenging, our business model continues to generate profitable growth.Our focus and consistent strategy of driving growth in our core beauty care brands is a major contributor to our success.Our December acquisition of Simple, a U.K.-based leading skin care brand, builds on that strategy, further strengthens our beauty care portfolio and creates additional growth opportunities."