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Challenging Year at Elizabeth Arden

Net sales down 6.2% to $1.07B

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By: TOM BRANNA

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Elizabeth Arden, Inc. posted financial results for its fourth fiscal quarter and year ended June 30, 2009. For the quarter, net sales fell 10% to $212.6 million. For the year ended June 30, 2009, net sales slipped 6.2% to $1.07 billion. E. Scott Beattie, chairman, president and chief executive officer of Elizabeth Arden, Inc., commented, “We finished fiscal 2009 as we had anticipated, and while it was a challenging year, we accomplished a great deal. Our Global Efficiency Re-engineering...

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