BeautiControl sales rise 5.8% to $74.7 mil., earnings fall 25.5% to $4.7 mil. in FY 1995.
This article was originally published in The Rose Sheet
Executive Summary
BEAUTICONTROL SALES CLIMB 5.8% TO $74.7 MIL. in FY 1995 (ended Nov. 30), the Dallas-based direct sales marketer announced Jan. 5. "Less than expected sales growth" in the U.S., the company's primary market, contributed to the firm's net income decline of 25.5% to $4.7 mil. for the year, BeautiControl Cosmetics stated. Recruiting and product development costs also were cited as factors impacting bottom line performance.