Company News

Alberto Culver is Going Strong

Q3 sales increase 18.8% to $417.6 million.

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By: TOM BRANNA

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Alberto Culver Company, manufacturer and marketer of beauty care brands including TreSemme, Alberto VO5, Nexxus, St. Ives, Simple and Noxzema, posted strong results for the third quarter ended June 30, 2010.

President and Chief Executive Officer V. James Marino said, “I am very pleased to report an exceptionally strong quarter of sales and earnings growth in both our U.S. and international segments. Despite challenging economic conditions and soft category growth rates, we continue to outperform the hair care category and gain market share.”

Net sales for the third quarter increased 18.8% to $417.6 million. In the U.S., sales increased 12.7% in the third quarter due to strong growth in several of the company’s core beauty care brands behind effective marketing and promotional activity, according to the company. International sales on a reported basis increased 29%, primarily behind strong TreSemme growth.

Net sales for the nine-month period increased 11.1% to $1.17 billion.

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