01.04.16
Elizabeth Arden, Inc. posted financial results for its first quarter of fiscal 2016 ended Sept. 30, 2015. Net sales fell 1.6% to $266.0 million.
By segment, in the first fiscal quarter, North America segment net sales were flat, and international segment net sales decreased by 7%, according to the company. Net sales of the international segment and the Elizabeth Arden brand reflect increased skin care and fragrance sales across most of the company’s international markets, including Europe and Asia.
Chairman and chief executive officer E. Scott Beattie commented, “This is the third consecutive quarter of sales growth for the Elizabeth Arden brand, and we are pleased to see our fragrance portfolio return to growth (in both cases at constant foreign currency rates).”
According to Beattie, the new Elizabeth Arden brand marketing campaign launched this fall and is accompanied by a rich innovation pipeline.
By segment, in the first fiscal quarter, North America segment net sales were flat, and international segment net sales decreased by 7%, according to the company. Net sales of the international segment and the Elizabeth Arden brand reflect increased skin care and fragrance sales across most of the company’s international markets, including Europe and Asia.
Chairman and chief executive officer E. Scott Beattie commented, “This is the third consecutive quarter of sales growth for the Elizabeth Arden brand, and we are pleased to see our fragrance portfolio return to growth (in both cases at constant foreign currency rates).”
According to Beattie, the new Elizabeth Arden brand marketing campaign launched this fall and is accompanied by a rich innovation pipeline.