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Article: Helene Curtis quarter net up. (hair care products manufacturer)
- Article from:
- WWD
- Article date:
- April 3, 1990
CopyrightCOPYRIGHT 1990 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HELENE CURTIS QUARTER NET UP
NEW YORK (FNS) - Boosted by its branded hair care products, earnings at Helene Curtis Industries, Inc., increased 26.9 percent in the fourth quarter, ended Feb. 28, and 16.6 percent for the year.
In the quarter, net income rose to $5.3 million, or 58 cents a share, from $4.2 million, or 44 cents. Per-share figures reflect a 2-for-1 stock split on Aug. 1.
Sales in the quarter increased 21.4 percent to $207,014,000 from $170,543,000.
For the year, profits rose to $16,825,000, or $1.81, from $14,434,000, or $1.71. Sales were up 17 percent to $736,043,000 from $629,155,000.
In a statement, Ronald J. ...