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Physicians Formula Maintains in 2010

Net sales for fiscal year stay afloat at $78.5 million.

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By: TOM BRANNA

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Mineral makeup is still big in the marketplace—as seen at leading marketer Physicians Formula. Net sales for full year 2010 increased slightly at 0.9% to $78.5 million. The company noted that, when adjusting 2009 for sales to the customer that discontinued the company’s products in mid-2009, 2010 net sales would have increased 5.5% over the prior year. Net income for full year 2010 was $0.6 million. Ingrid Jackel, chairwoman and chief executive officer, stated, “Our 2010 full yea...

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