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First Half of 2010 Favorable For Physicians Formula

Net sales increase 6.1% to $43.7 million in new report.

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By: TOM BRANNA

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Physicians Formula Holdings, Inc. posted mixed financial results for the three and six months ended June 30, 2010. Net sales fell 1.4% to $20.8 million for the second quarter of 2010. The company noted that the prior year period included $0.9 million of net sales to the customer that discontinued its products in the second quarter of last year. However, net sales for the first six months of 2010 increased 6.1% to $43.7 million. Based on retail sales data provided by ACNielsen, the company&...

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