05.04.10
Alberto Culver Company, manufacturer and marketer of beauty care brands including TreSemme, Alberto VO5, Nexxus, St. Ives, Simple and Noxzema, posted favorable results for its fiscal year 2010 second quarter and first half ended March 31, 2010.
Alberto Culver President and Chief Executive Officer V. James Marino said, "The strength of our brands, led by TreSemme, has enabled us to continue to show positive momentum and generate especially strong growth in our international markets. This comes in the face of a sluggish global hair care category and the impact on our U.S. business from the manufacturing and supply chain issues that we discussed on our last earnings call. While we have made solid progress in restoring customer service levels, particularly in March, we expect some of the disruptions to continue into the current quarter."
Net sales for the second quarter increased 11.8% to $384.8 million. Meanwhile, net sales for the first half of fiscal year 2010 increased 7.3% to $747.8 million.
However, in the U.S., despite strong growth on TreSemme, reported sales declined 1.7%, largely due to lower than normal customer service levels as a result of the company's manufacturing, supply chain and systems disruptions. International sales on a reported basis increased 38.7% behind strong TreSemme growth.
Alberto Culver President and Chief Executive Officer V. James Marino said, "The strength of our brands, led by TreSemme, has enabled us to continue to show positive momentum and generate especially strong growth in our international markets. This comes in the face of a sluggish global hair care category and the impact on our U.S. business from the manufacturing and supply chain issues that we discussed on our last earnings call. While we have made solid progress in restoring customer service levels, particularly in March, we expect some of the disruptions to continue into the current quarter."
Net sales for the second quarter increased 11.8% to $384.8 million. Meanwhile, net sales for the first half of fiscal year 2010 increased 7.3% to $747.8 million.
However, in the U.S., despite strong growth on TreSemme, reported sales declined 1.7%, largely due to lower than normal customer service levels as a result of the company's manufacturing, supply chain and systems disruptions. International sales on a reported basis increased 38.7% behind strong TreSemme growth.