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Elizabeth Arden Reports Third Quarter Results

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By: TOM BRANNA

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Elizabeth Arden, Inc., maker of skin care, cosmetic and fragrance brands such as Red Door and Elizabeth Taylor’s White Diamonds, today reported third-quarter net earnings rose 160% to $302.9 million for the third quarter ended Oct. 27. Last year’s third quarter net sales reached $163.4. However, the company noted prestige department store sales were still feeling the effects of the Sept. 11 attacks. Net income for the third quarter was $32.6 million, up from $12.5 million a year ago....

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