NEW YORK (Reuters) - U.S. cosmetics maker Elizabeth Arden Inc posted a quarterly net loss on Thursday, versus a year-ago profit, hurt by one-time charges and lower sales. The net loss was $10.4 million, or 38 cents per share, in the fiscal fourth quarter ended June 30, compared with a net profit of $9.6 million, or 33 cents a share, a year ago. Excluding charges, the company reported a profit of 22 cents per share. The company's products include Red Door and Britney Spears perfume and Prevage skin care items. (Reporting by Martinne Geller; editing by Jeffrey Benkoe) |
Elizabeth Arden Inc's quarterly profit topped expectations as sales picked up during the quarter, but the cosmetics maker said it remains cautious about the rest of the year as retailers continue to manage inventories conservatively. 
Cosmetics and perfume company Elizabeth Arden Inc reported a narrower quarterly loss on Thursday 7 May, helped by modest improvement in retail sales and a new fragrance launch. 
Cosmetics and perfume company Elizabeth Arden Inc posted a sharply lower second-quarter profit on Thursday, but topped Wall Street's expectations, as sales took a hit from weak demand during the holiday shopping season. 
Cosmetics makers Estee Lauder Cos Inc and Elizabeth Arden Inc warned of disappointing quarterly profits and slashed their full-year outlooks, citing weak sales over the holiday shopping period. 
