Company News

Better Times Ahead for Elizabeth Arden

Expects fiscal 2Q sales to hit the high end of guidance.

Author Image

By: TOM BRANNA

Editor

Cosmetics maker Elizabeth Arden Inc. said strong sales will lift its fiscal second-quarter net income above its prior forecast. The company said late Thursday that earnings will now top its expected range of 90 cents to $1 per share for the quarter ended Dec. 31. Revenue also will hit the high end or come in above prior guidance of $383 million to $403 million. Analysts polled by Thomson Reuters, on average, expect net income of 98 cents per share on revenue of $403 million. Retailers re...

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