Company News

A Tough Quarter For Alberto Culver

Sales drop for now, but nine-month report is solid.

Author Image

By: TOM BRANNA

Editor

Alberto Culver Company reported that net sales for the third quarter decreased 3.6% to $351.6 million. Net sales for the nine-month period decreased 0.8% to $1.05 billion. Commenting on the results, Alberto Culver President and Chief Executive Officer V. James Marino said, “Despite a prolonged softness in hair care, we continue to outpace the category and capture record shares for Alberto Culver. Our business and brands remain healthy as evidenced by our hair care consumption trends. We...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters