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Sales & Earnings In Brief

This article was originally published in The Rose Sheet

Executive Summary

Alberto-Culver: Global Consumer Product sales rose 9.9% to $376.8 mil. for the fourth quarter (ended Sept. 30), while full-year sales of the division improved 9.3% to $1.43 bil., fueled by the performance of the Nexxus and Tresemme hair care brands and heavy advertising investments, Alberto-Culver announces Oct. 26. The company noted St. Ives and VO5 reported "encouraging" results, with both brands in the midst of restages intended to "pump some life" into the lines, firm says. Alberto spent $306 mil. on advertising in 2006, an increase of 17.4% from the prior-year period. Net sales increased 8.2% to $974.3 mil. and earnings rose 11.7% to $65.8 mil. including non-core items. For the year, revenues grew 6.8% to $3.77 bil., while earnings fell 2.6% to $205.3 mil...

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