Company News, Financial News

Alberto-Culver Reports Strong 2Q, First Half 2008

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By: TOM BRANNA

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Alberto-Culver Company—manufacturer and marketer of personal care products including TreSemme, Alberto VO5, Nexxus and St. Ives—posted record sales and earnings from continuing operations for its second quarter and first half of fiscal year 2008. Net sales for the first half increased 10.7% to $813.5 million from $734.5 million in the prior year. Net sales for the second quarter increased 7.7% to $412.8 million. The company also reported that its gross profit margin increased to 53.4% com...

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