Troubled cosmetics manufacturer Avon has reported a poor third quarter for 2013 as a result of low sales in North America and weakness in emerging markets.
Following on from its continued strong performance so far this year and predictions that further growth is on the cards, a number of industry analysts and banks have indicated their favorable opinion on the company’s performance.
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.
Avon's second-quarter net income dropped 48 percent as it struggles to come to terms with its mammoth rebuild, but the signs are encouraging according to the beauty behemoth’s boss.
International fragrance player Inter Parfums has reported a significant drop in its sales, although this was expected as it is the first quarter that Burberry sales were not included in the results, and sales of other fragrances show strong growth.
The consumer goods giant has posted stagnant sales for its second quarter, but the company’s personal care division shows a big drop in sales as realignment and a poor economy hit the European business.
Direct Sales players Nu Skin has seen its share prices rise on the back of a revised outlook for its financial performance in 2013 that should see its revenues grow at well into double digit figures.
Having announced that out-going CEO Bob McDonald will be replaced by his predecessor, A.G. Lafley, there are now plans afoot to promote four key executives, several reports have stated.
Activist investor William Ackman says he believes Procter & Gamble’s fortunes will rebound significantly in the space of the next, but criticized the company’s CEO, Robert McDonald.
Direct sales skin care specialist Nu Skin has posted big first quarter revenue gains as the company’s anti-aging range, ageLOC, continues to take off worldwide and sales in Greater China boom.
International Fragrances and Flavors has reported steady sales and a strong hike in its net profits, mainly led by strength in its fragrances division.
Procter & Gamble continued to post stronger quarterly results, with profits also bouncing back, but both beauty and grooming sales are down as the company continues to fight in order to maintain its market share in these categories.
Cosmetics and fragrance player Ulta Beauty posted strong fourth quarter 2012 results with a big boost in sales, however expected earnings are expected to be below Wall Street predictions and this has seen shares down 17 percent.
Direct sales player Nu Skin has revealed record breaking Q4 results that show anti-aging products and revenues in Europe, China and North Asia are the driving force.
Revlon reported a big jump in its fourth quarter sales and net income on the back of a strong performance in hair color and make-up for both the US and Latin America, as well as acquisitions.
A big rise in second quarter sales comes off the back of significant growth in the company’s celebrity endorsed fragrances sales worldwide, but the performance still came in below expectations, forcing the company to lower its outlook.
Inter Parfums has reported a drop in Q4 sales, stating that the comparable figures to the previous year were set against a backdrop of unprecedented product launches and lower European sales.
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.
Global direct sales players Nu Skin has reported a significant jump in its third quarter revenues, underlining the fact that strong sales in South Korea and Japan made the Asia Pacific region a hot spot, although sales in the North Asian wobbled on currency...
Estée Lauder’s strong revenue growth, solid financial position and rising profit margin is giving the company a good reputation with the financial world.
Fragrance player Inter Parfums has reported strong gains in both its net profit and revenues for the second quarter, with the biggest revenue increase seen in its US-based business.
Energizer reported a drop in its third quarter sales on the back of lower personal care revenues, while net profit figures were also below expectations.
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.
New Jersey-based CCA Industries has reported strong financial results for the second quarter as it continues to focus on niche products for the US market only.
A resurgence in skin care sales and a good performance in the US helped cosmetics giant Estée Lauder post an increase in profit for its third quarter ended March 31, 2012.
Strong sales growth in the Energizer Group as a whole has also been reflected in the performance for its personal care division, where all categories showed above market average growth.
Avon Products reported a big fall in its first quarter profits as sales for the period dropped again on the back of a shrinking direct sales workforce.
Avon Product’s fourth quarter sales take a significant dive as it continues to be impacted by operational issues in Brazil and economic challenges in the developed markets.
Direct sales cosmetic and skin care player Nu Skin has announced a big rise in its quarterly revenues on the back of record revenues in Latin America and Asia.
Beauty retailer and provider Sally Beauty has reported a strong rise in sales in the first quarter together with an increase in EBITDA margin, in turn beating analysts’ expectations.
Global oral care player Colgate-Palmolive has announced continued strong sales growth for its Q4, but although profits are hit by a tax charge, the underlying trend is also up.
Leading US cosmetic retailer and provider Sally Beauty has announced a big hike in both its net profit and sales for the fourth quarter on the back of significant business expansion.
Sales of luxury products go from strength-to-strength as mass market sales stall, financial results from some of the world’s biggest cosmetic and personal care players have shown this month.
Estee Lauder reported a double digit rise in revenues and almost doubled its net profits for the fourth quarter, but rising commodity prices and economic instability make the future look uncertain.
Ahead of Procter & Gamble’s fourth quarter results, out tomorrow, analysts believe that the overall performance will be strong, driven by emerging markets, but developed markets will be weak.
Shiseido’s big push into international markets is rewarded by increased revenues in the first quarter, while debt is cut back as the company recovers from the impact of natural disasters.
New Jersey-based Natural Nano says the successful launch of its nano-based nail polish formulation in the US will now trigger the launch of the product in the European market.
