Alberto-Culver
This article was originally published in The Rose Sheet
Executive Summary
Double-digit sales and earnings gains expected for fiscal first quarter (ended Dec. 31), the company announces at a Jan. 10 Goldman Sachs investment conference. Alberto's packaged goods business posted a 10% sales increase driven by Alberto VO5 and St. Ives. Sally Beauty generated a 15% sales jump in the first quarter, the company reports. Alberto also announced it divested the Indola professional products trademark in Western Europe for $10 mil. Final financial results will be announced Jan. 27 at the company's annual shareholders meeting in Melrose Park, Ill