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Elizabeth Arden Reports Sales Rise

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By: TOM BRANNA

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Global prestige beauty product company Elizabeth Arden, Inc. posted financial results for the fourth fiscal quarter and year ended June 30, 2008. For the year ended June 30, 2008, net sales rose 1.2% to $1.14 billion. Net income dropped 3% to $38.1 million. For the three months ended June 30, 2008, net sales at Elizabeth Arden decreased 2.6% to $236.3 million. Net income for the quarter slipped 6% to $6.3 million, as compared to the prior year period. For fiscal 2009, the company expec...

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