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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.
Emerging market growth remained weak with a sharp slow-down in China, while North America shows signs of improvement as the impact of the economic recovery starts to be felt by consumers.
All operating divisions contributed to the 3.5% organic sales growth; company finds success with toothpaste sales across global markets.
Company reports net sales of $20.8 billion, with organic sales in beauty divisions flat; company exists battery business in its effort to focus on its biggest opportunities.
Inter Parfums announced net sales of the company’s ongoing brands (excluding Burberry brand sales) increased 6.0% to $134.2 million; Jimmy Choo sales rose 23% due in part to the successful launch of Jimmy Choo Man and the continued popularity of the brand’s signature scent.