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Physicians Formula Posts Profitable 4Q and Year-End 2007

2008-03-11 | 08:45

Physicians Formula Holdings, Inc. posted its financial results for the three and 12 months that ended Dec. 31, 2007.

Physicians Formula Holdings, Inc. posted its financial results for the three and 12 months that ended Dec. 31, 2007. Net sales for the fiscal year 2007 were $111.5 million, an increase of 16.9% from the same period in 2006, and ahead of the outlook range of $108 million to $111 million. Gross sales for the fiscal year 2007 were $156.2 million, an increase of 20.8% and in-line with the outlook range of $155 million to $158 million.

Net sales for the fourth quarter of 2007 were $33.9 million, an increase of 27.9% for the same period in 2006, and ahead of the outlook range of $31 million to $33 million. Gross sales for the fourth quarter of 2007 were $43.8 million, an increase of 15.2% and in-line with the outlook range of $43 million to $45 million.

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