In Brief: Del Labs
This article was originally published in The Rose Sheet
Executive Summary
Del Labs: First quarter sales increased 9.3% to $61.3 mil., while earnings were up 38% to $3.3 mil., the company reported April 17. Del attributed its earnings growth to a favorable product mix, combined with "intelligent spending." The company reported strong sales for its nail color brands and Naturistics cosmetics. Del introduced Color Fix, an indelible line of cosmetics, including foundations, eyeliners, lipliners and lipsticks in March...