Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue December 2014
 •  Charlotte Tilbury Channels Hollywood  •  Croda Reveals Findings on Volarest FL  •  Lubrizol Joins Roundtable on Sustainable Palm Oil  •  Antitrust Regulator in France Fines Major Companies  •  Paradigm Science‚Äôs Cervino Wins Award
Print

Coty Brands Boost Ascendia's Third Quarter



Published February 7, 2008
Related Searches: february sales quarter coty
Post a comment
Ascendia Brands, Inc. reported preliminary operating results for its 13 weeks that ended Nov. 24, 2007. Consolidated net sales increased by $32.7 million—from $24.5 million to $57.2 million. The Calgon and The Healing Garden brands—acquired from Coty Inc. in February 2007—contributed $34.4 million to the current quarter net sales.

Consolidated gross profit increased by $4.9 million to $8.6 million. However, the third quarter gross profit margin dropped slightly to 15.1% compared to 15.3% in the prior year. The gross profit was favorably impacted by the acquired Coty brands, which contributed $6.2 million to the current quarter at the company.


blog comments powered by Disqus