In Brief: Del Labs
This article was originally published in The Rose Sheet
Executive Summary
Del Labs: Sales for the third quarter advanced 17.1% to $68 mil. with the cosmetics business performing "exceedingly well," the company said. Net earnings rose 45.3% to $3.2 mil. for the quarter. Through six months, sales increased 13.3% to $129.3 mil., and earnings grew 41.5% to $6.5 mil. The company repackaged its Natural Glow color cosmetics products and introduced Color Fix long-wearing cosmetics in March. Del also relaunched and repackaged its Alpha Natural alpha hydroxy acid line as Alpha Natural Plus during the quarter...