Sales Rise Almost 12% at Alberto Culver

Alberto Culver Company posted results for its fourth quarter and fiscal year 2010 ended Sept. 30, 2010.

For the fourth quarter, net sales for the fourth quarter increased 12.1% to $431.9 million.

In the U.S., sales increased 3.5% in the fourth quarter due to growth in TreSemme and Nexxus.International sales on a reported basis increased 26.7%, as each international region generated organic sales growth, with Latin America and Canada being particularly strong.

For the fiscal year, net sales for the fiscal year increased 11.4% to $1.60 billion.

In September, the company entered into a definitive agreement with Unilever pursuant to which Unilever will acquire all of the outstanding shares of Alberto Culver for $37.50 per share in cash, valuing the company at approximately $3.7 billion, as previously reported in Happi.