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ALOETTE COSMETICS FIRST QUARTER SALES DECLINE 2.1%

This article was originally published in The Rose Sheet

Executive Summary

ALOETTE COSMETICS FIRST QUARTER SALES DECLINE 2.1% to $3.7 mil., the West Chester, PA-based cosmetics and skin care franchisor, direct marketer, manufacturer and distributor said in a May 16 statement of sales and earnings. Aloette had a net loss of $52,000 in the three months, down from net income of $103,000 in the year-ago period. The firm attributed the drop to a $150,000 insurance reimbursement in 1993.
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