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January 26, 2006
By: TOM BRANNA
Editor
Melrose Park, IL-based Albert-Culver announced that net income for the most recent quarter advanced to $52.1 million (56 cents a share) from $49.4 million (53 cents a share) a year ago. Excluding stock-option expense and other items, earnings would have been 61 cents a share. In addition, sales for the three months ended Dec. 31 rose to $898.3 million from $847.5 million in last year’s first quarter. Alberto-Culver’s stock added as much as 2.5% to $44.73 soon after the opening bell....
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