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Color Cosmetics, Skin Care Drive Physicians Formula

First quarter net sales jump 24% to $26.2 million.

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By: TOM BRANNA

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Physicians Formula Holdings, Inc. posted favorable financial results for the three months ended March 31, 2012. Net sales for the first quarter of 2012 rose 24% to $26.2 million. The net sales growth was driven by an increase in color cosmetics sales and expanded distribution of the skin care line. In addition, net sales were favorably impacted by a delay in the timing of various retail marketing programs. The Company expects that these programs, which are accounted for as a contra-revenue item,...

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