Helene Curtis first-quarter results affected by difficult Japan market.
This article was originally published in The Rose Sheet
Executive Summary
HELENE CURTIS CITES "AGGRESSIVE DISCOUNTING PRACTICES" IN JAPAN as one factor contributing to a significant decline in the hair and skin care marketer's first quarter earnings, released by the company June 27. For the FY 1996 first quarter (ended May 31), Helene Curtis reported net earnings of $191,000 compared to $1.4 mil. over the same period a year ago.