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Company plans for repositioning of products.
May 3, 2012
By: TOM BRANNA
Editor
Elizabeth Arden, Inc. posted financial results for its third fiscal quarter ended March 31, 2012. Net sales rose 3.5% to $239.3 million. Net sales for the company’s international segment in the current quarter increased by 6.3%, while net sales in the company’s North America segment grew by 1.7%. For the nine months ended March 31, 2012, the company reported that net sales increased 5.5% to $972.7 million. CEO E. Scott Beattie commented, “Overall results were in...
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