Company Profile For Alberto-Culver Company

Alberto-Culver Company (ACV.N) (New York Stock Exchange)

sector: Non-Cyclical Consumer Goods & Services · industry: Personal Products ·

As of 1:38am IST

28.26USD

Price Change

+0.25

Percent Change

+0.89%

Analyst Recommendations

Overview

Alberto Culver Company (New Alberto Culver) develops, manufactures, distributes and markets beauty care products, as well as food and household products in the United States and more than 100 other countries. The Company operates in two business segments: United States and International. During the fiscal year ended September 30, 2008 (fiscal 2008), beauty care products accounted for approximately 94% of the Company’s consolidated net sales. During fiscal 2008, food and household products accounted for approximately 6% of its consolidated net sales. On October 1, 2008, the Company acquired the Noxzema skin care business in the United States, Canada and portions of Latin America, as well as the worldwide rights and trademarks to the Noxzema brand. On July 31, 2008 Cederroth Intressenter AB, a company owned by two funds controlled by CapMan, acquired Cederroth International AB.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 30 September 2009, Alberto-Culver Company's revenues fell 1% to $1.43B. Net income from continuing operations rose 11% to $117.8M. Revenues reflect decreased income from International market due to the effect of foreign exchange rates. Net income was offset by lower restructuring & other expenses, higher operating margins and a fall in advertising, marketing, selling & administrative expenses.