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Alberto-Culver Posts Record Sales and Profits in First Quarter

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By: TOM BRANNA

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The Alberto-Culver Co., Melrose Park, IL, reported sales rose 9.8% to $764.8 million and net earnings jumped 18.8% to $42.8 million for the first quarter ended Dec. 31, 2003. Executives said strong performances came from Sally Beauty, the Beauty Systems Group and from consumer products, led by Alberto VO5, St. Ives and Tresemme brands.President and chief executive Howard B. Bernick said, “There are few companies of our size in this country, or frankly in any country, that have a growth rec...

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