Alberto-Culver Consumer Product Sales Boosts Firm’s Stock 15% In Q3
This article was originally published in The Rose Sheet
Executive Summary
Double-digit net sales growth in Alberto-Culver's Consumer Products Worldwide unit despite stiff competition in the hair care segment helped drive the firm's stock 15% to 58.82 in the third quarter
You may also be interested in...
Alberto’s Beauty Supply Business To Hit $800 Mil. Annually With Acquisition
Alberto-Culver's planned acquisition of West Coast Beauty Supply will mark a significant step in the firm's efforts to grow its Beauty Systems Group into a national, full service beauty distributor business, the company said in a Sept. 24 announcement
Arden “Mini” Fragrance Open Sell Initiative Aims For Maxi Mass Market Gains
Elizabeth Arden mass market revenue advanced 13% in Q2 on the strength of the firm's open sell miniature fragrance initiative in chain drug retail accounts, CEO Scott Beattie reported during a Sept. 4 earnings call
Schering Cost Cuts Run Deep: Consumer Health Unit In Danger Of Divestiture?
Schering-Plough will retain its Consumer Health Care business in the near-term but may choose to sell the unit as it undertakes a broad restructuring plan that includes an unprecedented dividend slash to cut costs