Alberto Culver Co. Q2 Profits Up 21.1%

U.S. sales in the quarter rose 1.9%.

Alberto Culver Co. on Monday reported a 21.1 percent gain in second-quarter profits.


For the three months ended March 31, income was $36.5 million, or 35 cents a diluted share, from $30.1 million, or 30 cents, in the year-ago quarter. Sales rose 6.1 percent to $408.2 million from $384.8 million.


By region, the firm said US sales rose 1.9 percent while international sales gained 12 percent.


V. James Marino, president and chief executive officer, said that despite the challenging market conditions, the company’s dedicated team “continued to build momentum on our brands and deliver strong results.”


The company on Sept. 27 entered into a agreement with Unilever for the acquisition of Alberto Culver. The transaction is pending, and subject to regulatory approvals.