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Sally Beauty leads Alberto-Culver with 14.1% first quarter sales advance to $165 mil..

This article was originally published in The Rose Sheet

Executive Summary

ALBERTO-CULVER SALLY BEAUTY FIRST QUARTER SALES INCREASE 14.1% TO $165 MIL., Alberto reported Jan. 26. The retail beauty supply business also recorded a "double-digit" earnings advance for the quarter (ended Dec. 31). Melrose Park, IL-based Alberto noted that the expansion of the Sally Beauty Company chain is having a positive effect on results. During the first quarter, the firm opened 23 new U.S. doors, following the addition of 128 domestic doors during fiscal 1994. The firm currently operates 1,346 Sally Beauty doors in the U.S. and 1,386 worldwide. The firm's 40 non-U.S. stores are in the U.K.
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