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Beauty sales declined 14%, but increased 5% in constant dollars; strengthening of the U.S. dollar impacting of foreign currency in reported results.
Elizabeth Arden's net sales down 17.2% compared to the prior year quarter; company cites decline in sales of celebrity fragrances and lower level of new product innovation.
Burt's Bees lip and face-care products and additional marketing for the brand contribute to double-digit gains in the company's natural personal care division.
Personal care sales down but low-single digit growth projected for upcoming quarters.
Company's largest fragrance brands grew 14.0%, 23.9% and 49.6%; Karl Lagerfeld launch contributes $3.5 million.
Personal care down 1% but baby wipes post double-digit growth.
P&G's grooming business grows 2%, while its beauty, hair and personal care business segment posts an organic sales decrease of 1%.
Nu Skin Enterprises Inc. (NYSE: NUS) today announced third-quarter results with revenue of $638.8 million, the top end of the company's prior guidance and a 30% decline from the prior-year period.
Sluggish performance in Brazil contributed to softer results in Latin America.
Excluding the impact of foreign currency fluctuations, net sales for company's consumer segment during the third quarter of 2014 increased 2.0%, primarily driven adjustments in the U.S. and expected future discontinued products in line with the company's strategy to focus on fewer, bigger and better innovations.