By  on April 27, 2009

Alberto Culver Co.’s second-quarter profits slid 3.3 percent as its hair care business picked up momentum and helped the firm ward off some of the recession’s ills.

Earnings for the quarter ended March 31 dipped to $28.1 million, or 28 cents a diluted share, compared with profits of $29 million, or 28 cents a share, in the year-ago period. Reduced 10.1 percent by currency fluctuations, net sales slid 1.4 percent for the quarter to $344.3 million, from $349.4 million.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus