Alberto-Culver Q2
This article was originally published in The Rose Sheet
Executive Summary
Continued growth of TRESemme, as well as strong performances from beauty brands St. Ives and multicultural hair-care brands Soft and Beautiful and Motions, drove fiscal 2008 second-quarter and first-half sales, President and CEO V. James Marino notes in April 28 release. Net revenue for second quarter rose 7.7% to $412.8 mil.; firm booked $813.5 mil. for first half of 2008, a jump of 10.7%. Sales of TRESemme and Nexxus in U.S. increased at double-digit rates despite challenging retail environment, Marino said. Advertising and other marketing investments increased 5.4% for the quarter to $76.4 mil., according to release...