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Q2 sales slip 10.6% to $418 million with declines in North America.
February 5, 2014
By: Melissa Meisel
Elizabeth Arden, Inc. posted financial results for its second fiscal quarter ended Dec. 31, 2013. Net sales fell 10.6% to $418 million, with declines in North America. Net sales of the company’s North America segment decreased by 13% for the second fiscal quarter as compared to the prior year period. According to the company, net sales were impacted by weaker than anticipated holiday retail sales and replenishment orders at a number of North American mass and mid-tier retail accounts, in part ...
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