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September 4, 2002
By: TOM BRANNA
Editor
Elizabeth Arden Inc. said its fiscal second-quarter net loss narrowed, thanks to higher sales and improved gross profit. The provider of fragrance and beauty products Wednesday reported a net loss of $11 million, or 62 cents a share, for the period that ended July 27, compared with a loss of $26.8 million, or $1.53 a share, a year earlier.Sales rose 11% to $127.2 million from $114.9 million. The company attributed the increase to a marketing program for mass and mid-tier retailers, new product l...
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