Fiscal 2010 Good to Elizabeth Arden

Elizabeth Arden, Inc. posted a rise in sales for its fourth fiscal quarter and year ended June 30, 2010. For the quarter ended June 30, 2010, the company reported a 7.4% increase in net sales of $228.2 million. For the year ended June 30, 2010, Elizabeth Arden posted a rise of 3.1% in net sales to $1.1 billion.

E. Scott Beattie, chairman, president and chief executive officer of Elizabeth Arden, Inc., commented, “Just over two years ago, we embarked on a global re-engineering of our major business processes and the implementation of a new enterprise software system to improve the efficiencies and scalability of our business. The progress we have made with these initiatives is evident in our results.”

For fiscal 2011, net sales are expected to increase by 3-4%, according to the company.