Allou reports double-digit sales growth for H&BAs, fragrances/cosmetics, pharmaceuticals.
This article was originally published in The Rose Sheet
Executive Summary
ALLOU H&BA SALES CLIMB 10% TO $22.8 MIL. IN THE THIRD QUARTER (ended Dec. 31) due to new product introductions from manufacturers and increased same-store sales, the Brentwood, NY-based H&BA, cosmetics, fragrances and prescription drug distributor announced Feb. 14. Health and beauty aid revenues accounted for 33.3% of Allou Health & Beauty Care sales of $69 mil. in the three-month period. For the nine months, H&BA sales were ahead 13% to $64.5 mil.