Marketers Sponsored by
The company saw organic revenue growth of 5% compared to 2013, with growth in the U.S. and Asia while European sales demonstrated resilience despite a challenging environment.
Underlying sales grew 3.7%, with emerging markets up 6.6%, while underlying volume growth was up 1.9% and price was up 1.7%.
European-based sales for the company climbed over 30% for the fragrance company, while U.S.-based sales faltered a bit, dropping 4.7%.
The multinational company reported sales of $19.5 billion for the quarter, representing an increase of 9.1% versus the same quarter in 2013.
Beauty retailer Ulta shared its first quarter 2014 financial report, with impressive results.
The company’s brands helped it grow strongly globally.
Net revenues were $1.008 billion, increased 2% like-for-like and 1% as reported relative to the prior-year period.
The beauty company, which saw net sales decline 20% in the three months ending March 31, 2014, also has engaged Goldman Sachs in exploring strategic options.
The company recorded organic sales growth of 6.7% for the quarter, with a 6.3% organic sales bump in its consumer business segment.
Although the company is still seeing decreases from its separation with Burberry, ongoing brand sales were up 17%.