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June 1, 2015
By: TOM BRANNA
Editor
Net sales for the fiscal third quarter ended March 31, 2015 at Elizabeth Arden, Inc. decreased 9.2% to $191.7 million. Net sales for the nine months slipped 16.7% to $795.6 million. However, net sales of the company’s Elizabeth Arden branded products increased by approximately 3% in the third fiscal quarter with growth across both the North America and international segments. Net sales of non-Elizabeth Arden branded fragrances decreased fell 18%. By segment, North America segment net sales declined 12% and international segment net sales decreased 6%. Sales of the international segment and the Elizabeth Arden brand reflect increased skin care sales, particularly in Asia as a result of a new distribution strategy and the impact of prior period proactive tightening of distribution globally.
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