Alberto Culver reports solid 2Q results
MELROSE PARK, Ill. Alberto-Culver, whose brands include TRESemme, Alberto V05, Nexxus and St. Ives, reported solid second quarter results thanks, in part, to strong sales of TRESemme and Nexxus.
“In am particularly proud that in the U.S., TRESemme and Nexxus’ consumer consumption rates, a critical measure of the health of our brands, both increased at double-digit rates during the latest 12 and 52 week periods, far outpacing the category,” stated president and chief executive officer V. James Marino. “In a challenging retail environment, characterized by mixed consumption trends, we were able to deliver another record quarter of sales and earnings growth for our shareholders.”
Net sales for the quarter increased 7.7 percent to $412.8 million from $383.4 million in the year-ago period.
Including continuing and discontinued operations, the company reported net earnings of $29 million, or 28 cents per share, compared with net earnings of $22.6 million, or 23 cents per share, in the year-ago period.
In November 2006, the company separated its consumer products business from its beauty supply distribution business. It resulted in the formation of two separate and independent publicly-traded companies: new Alberto-Culver, a manufacturer and marketer of beauty care and other personal care products, and Sally Beauty Holdings, a distributor of professional beauty supplies. Beginning in the first quarter of fiscal year 2007, the results of operations of Sally Beauty and Beauty Systems Group are reported as discontinued operations.
The company also announced that its board of directors has approved the regular 6.5 cent quarterly cash dividend. The dividend will be paid on May 20, 2008 to shareholders of record on May 5, 2008.
Ultreo releases extra-gentle automatic toothbrush
SEATTLE Ultreo, maker of several patent-pending toothbrush devices, announced the launch of its namesake automatic toothbrush earlier this month.
The company claims that the automatic brush was designed to gently brush teeth and also whiten them, if used properly for at least two weeks.
“Ultreo is the next big thing in oral health,” chairman of the Ultreo board of directors, Chris Somogyi, said. “It’s the first true advance in power toothbrush technology in more than 15 years.”
The purpose of a gentle-cycle brush, the company said, is to help users avoid over-brushing. In addition to causing discomfort, over-brushing can lead to problems such as gum recession and tooth abrasion, sources said.
According to a press release, Ultreo was released to dental professionals in spring 2007 and will be available to consumers soon. The suggested retail price per unit is $169.99.
TruKid introduces non-toxic hair care and bath products
TruKid, recent winner of a 2008 iParenting Media Award, has announced the launch of its all natural hair care line, featuring products such as Silly Shampoo, Cool Conditioner, Dancing Detangler and Bubbly Body Wash.
TruKid founder—and mother of six—Jennifer Adams Bunkers said, “We think of our skin as a line of defense against toxins and pollution in the environment, but that is not the case. Our skin is a gateway for everything going into our bodies and blood stream. All TruKid products are free of toxins such as parabens, sodium lauryl sulfate (SLS), phthalates and synthetic fragrances because skin absorbs a big percentage of everything we put on it.”
Made with all natural, soothing ingredients such as pro-vitamin B5, aloe and scented with beneficial, essential oils, the product line is designed for kids to develop healthy habits by using color-coded products and easy to read symbols for body, face, and hair so kids can recognize each product and its use.
“All of my products are made with kids in mind,” Adams Bunkers stated. “My kids don’t like the herbal smell that usually comes with being an ‘all-natural’ brand, so I made sure all TruKid scents were fun, light and most importantly, kid-approved.”
With the commitment of chemical free products, the company stated, comes affordable prices. All products of the new hair care line are about $10 or less and come in 8 oz and travel sizes.