The cosmetics, skin care, and fragrance company announced its latest financials this week, showing a decline in revenue for the year, better numbers on a quarterly basis, and optimism about integrating the beauty brands that Coty is acquiring from P&G.
It’s been a busy week for Coty, with announcements for another big acquisition, reorganization plans and now first quarter results that show profits are up while revenues are down.
Elizabeth Arden had a tough fourth quarter, with revenues suffering on account of unfavourable currency exchange and a big decline in its North American operations.
At least that’s how company president & CEO Christian Brickman put it in his statement to the press on Thursday, which also indicates gross profits are up slightly and includes a revision of previous expectations for fiscal year 2015.
One year on and fragrance player Coty has turned a big loss in the third quarter of last year into a profit, thanks to a focus on its key brands and cost-cutting measures.
Procter & Gamble saw its second quarter earnings take a hit with the strong dollar having a big impact, setting up a challenging year for the Ohio-based firm.
Global cosmetics company Sally Beauty Holdings reported a poor performance in Q4 of their financial year as profits were affected by increasing income tax despite an increase in sales.
US cosmetics giant Procter & Gamble has reported relatively static sales growth in its latest quarterly earnings report.
The Estée Lauder Companies has posted another strong set of quarterly results, achieving record sales figures for its fourth quarter and a big rise in net profits.
Following strong sales growth and increased profitability in the first half of the financial year, Elizabeth Arden has ended it on a sour note, as fourth quarter sales and profits come in well below expectations.
Prestige beauty firm Elizabeth Arden reported better-than-expected revenue in its first quarter results, thanks to the launch of several new fragrances; although these purchases affected profits.
Elizabeth Arden sales up but profits down on license acquisition costs
Color cosmetics and fragrance maker Elizabeth Arden reported health gains in revenue for its fourth quarter, but net profit is hit by licensing acquisition costs.
Revlon results bear the brunt of charges, currency translations and lower overseas sales
Revlon’s second quarter results struggle under the weight of charges, currency translations and falling sales in Europe and Asia, but strong results in the Americas help fend off bigger losses.
P&G results hit by weak US markets, forecast reduced on strong dollar
Although Procter & Gamble’s second quarter results were buoyed by a strong performance in the developing markets, slower consumer spend in the US market holds back growth.
Fragrance player Parlux has announced its unaudited results for the second quarter, crediting its double digit sales growth to the launch of its latest Rihanna scent and the advertising investment made in support of this.
Elizabeth Arden profits driven by higher sales and cost cutting
Elizabeth Arden reported profits above market expectations on the back of high international sales growth and successful cost cutting measures.
Sally Beauty Holdings report strong Q3 results
US-based cosmetics distributor Sally Beauty has reported strong third quarter results, with net sales as well as gross profit up from its fiscal year 2010 results of the same quarter.
Revlon sales up on back of higher advertising spend
Cosmetics company Revlon recorded strong sales increases for the first quarter of 2011 although operating income fell due to higher advertising spend.
Colgate-Palmolive sales up but rising costs take their toll
Sales for oral and personal care player Colgate-Palmolive were up for the first quarter of 2011, but the company said increasing raw material costs were affecting profit margins.
Parlux sales results hit by loss of Guess contract
Parlux third quarter results show a significant drop in sales, due mainly to the loss of a contract to supply retailer Guess with fragrance and personal care products.
Global hair care market boosts Alberto Culver’s net sales
US-based Alberto Culver has announced a fiscal year first quarter 2011 sales increase following strong growth from the hair and skin care markets.
Elizabeth Arden announces Q2 expectations exceeded
Global beauty company Elizabeth Arden has announced that, based on its preliminary results, it expects to exceed its second quarter earnings guidance.
Elizabeth Arden announces net sales increase for Q1
Global beauty products firm Elizabeth Arden has released its financial results for the first fiscal quarter ended September 30, 2010, citing strong momentum in international business for an increase in sales figures.
Elizabeth Arden Q4 profits back in the black
A significant increase in quarterly sales helps Elizabeth Arden to jump back into profit, boosted by higher pricing from cosmetics and fragrances and cost savings.
Colgate-Palmolive announces record profits on continued sales growth
The world’s leading oral care player, Colgate Palmolive, has announced continued steady sales growth and record profits for its second quarter.
Revlon 2Q profits rise, but US sales remain subdued
Revlon second quarter profits rose significantly as restructuring costs ease, but US sales continue to fall, counterbalancing stronger international results.
Expiration of Guess license hurts Parlux sales and profits
Fragrance manufacturer and distributor Parlux has highlighted the negative impact of the expiration of its Guess license on its sales and profits.
Estee Lauder profits beat expectations on high sales
Estee Lauder Companies has beat profit expectations having posted a 10 percent increase in Q3 sales as consumers of prestige products return to their old spending patterns.
Key cosmetics players point to sustainability as way out of recession
Following a succession of weak financial results some, of the biggest players in the personal care industries are pointing to sustainability measures as a means of exiting the recession.
Revlon profits slide on slow sales and strong dollar
Revlon revealed falling sales during its third quarter, underlining tough retail conditions and the strength of the dollar against international currencies.
Alberto Culver reveals flat sales and falling profit
Hair and skin care specialist Alberto Culver said its fourth quarter sales were hit by currency translation and profits were down, but the results beat expectations.
Alberto Culver profits increase on cost cutting
Global hair care leader Alberto Culver has announced a big rise in profits on account of significant cost cutting measures.
Kimberly-Clark sales down but outlook up on lower costs
Personal care giant Kimberly-Clark says net sales fell 6 per cent during its second quarter but says cost savings should boost full year results.
Helen of Troy profits rise, despite sales slip
Helen of Troy has reported a significant rise in its first quarter earnings, despite the fact that the economic downturn led to lower sales in its personal care division.
Helen of Troy ends fiscal year with sizeable loss
Helen of Troy has suffered an $88m fourth quarter loss after incurring a $99.5m impairment charge related to loss of goodwill and intangible assets.
CCA Industries reports big fall in sales and profits
Niche beauty provider CCA Industries has reported a fall in profit and sales as costs mount in an increasingly tough retail environment.
Colgate-Palmolive confident for the year ahead
Amid a struggling global economy, Colgate-Palmolive has posted strong fourth quarter results and looks forward to higher profit margins in 2009.
Personal care saves the day for Energizer
Household and personal care provider Energizer Holdings says a solid first quarterly performance for personal care has helped buoy an otherwise poor sales performance.
J&J posts big rise in profits despite sales slump
Health and personal care giant Johnson & Johnson has announced a 14 percent rise in profits despite the big drop in retail sales in the US.
Estee Lauder lowers expectations for fiscal 2009
Luxury cosmetics giant Estee Lauder says it is lowering its expectations for the quarter ending 31 December and the full fiscal year ‘to reflect the deteriorated global economic conditions’.
Elizabeth Arden holiday sales expected to fall by 13 percent
Elizabeth Arden is the latest cosmetics company to cut its sales and earnings forecast, leading its share price to plummet to the lowest it has been in 9 years.
Sally Beauty wobbles at the end of a solid year
Sally Beauty Holdings has reported solid financial results for the fiscal year although profits failed to match the estimates of analysts.
Shiseido ups forecast but warns of tougher times ahead
Shiseido has upped its profit forecast for the first half of the year but the company warned that business conditions will be tougher in future quarters.
Estee Lauder performs better than expected
Estée Lauder has reported higher than expected profits from the year, despite its weakening performance in the US.
Weakness in Japan pushes Shiseido sales down
Japan-based Shiseido has reported falling turnover in the first quarter after sales in the domestic market plummeted.
Restructuring and refocusing boost Parlux results
Global fragrance maker Parlux has announced a significant boost to
its full year results ending in March thanks to revised market
focus and restructuring programme.
Helen of Troy's personal care sales fall further
Helen of Troy's personal care division continued to struggle in the
fourth quarter reporting a 7.1 percent drop in sales that it blamed
on the tough retail environment.
Kao reports solid sales but predicts a difficult 2009
Rising raw material costs and a decline in operating profit has led
Japanese personal care firm Kao to forecast low sales growth
for the coming year.
Helen of Troy's personal care sales slump
Helen of Troy has reported an unexpected drop in turnover as sales
of personal care products slumped in a highly competitive and
challenging sales environment.
Parlux releases unaudited results for fiscal 2007
Fragrance player Parlux has announced a significant increase in its
sales for the 2007 financial year, but a net loss from its
continuing operations marks a difficult year in which rapid
expansion has seen its administration capabilities...