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Net Income Up 22% at Bare Escentuals

Minerals leader reports favorable 2Q results

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By: TOM BRANNA

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Net sales for the second quarter of fiscal 2008 were $138.5 million—an increase of approximately 12% from last year. Net income increased 22% to $24.7 million. For the six months ended June 29, 2008, net sales increased 16% to $278.9 million. Net income for the first six months of 2008 was $50.5 million, an increase of 24% compared to the same period last year. “We are pleased with our overall performance in the quarter,” said Leslie Blodgett, chief executive officer of the company. “The s...

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