A Tough Quarter For Alberto Culver

Alberto Culver Company reported that net sales for the third quarter decreased 3.6% to $351.6 million. Net sales for the nine-month period decreased 0.8% to $1.05 billion.

Commenting on the results, Alberto Culver President and Chief Executive Officer V. James Marino said, “Despite a prolonged softness in hair care, we continue to outpace the category and capture record shares for Alberto Culver. Our business and brands remain healthy as evidenced by our hair care consumption trends. We generated strong cash flow during the quarter and are very pleased with our results and the momentum that many of our brands have in the marketplace.”