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Alberto-Culver 2Q Profit Up Nearly 16%

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By: TOM BRANNA

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The Alberto-Culver Co. (said Thursday its net income climbed 15.9% in the latest quarter, boosted by growth in the company’s consumer packaged goods and professional beauty supply distribution businesses.Alberto-Culver reported net income of $37.9 million, or 63 cents a share, for the fiscal 2003 second quarter ended March 31. That compares with $32.7 million, or 55 cents per share, for the prior second quarter.Sales in the latest quarter rose 7.5%, to $707 million from $657.8 million. Tha...

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