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Minerals Strong at Bare Escentuals in 1Q Report

irst quarter sales increase 21%, net income expands 26%

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By: TOM BRANNA

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Bare Escentuals, Inc. posted its financial results for the first fiscal quarter ended March 30, 2008. Net sales for the first quarter were $140.4 million, an increase of approximately 21% from $115.6 million in the prior year. Net income for the first quarter of fiscal 2008 was $25.8 million, a rise of 26% compared to $20.4 million in the first quarter of fiscal 2007. “We are pleased with our strong start to 2008 which reflects a continuation of the positive brand momentum experienced in 2007...

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