Curious Launched Into Discount Stores Narrows Sales For Elizabeth ArdenAugust 12, 2005
NEW YORK, Aug 11 (Reuters) – Elizabeth Arden Inc. posted a narrower quarterly loss on Thursday, buoyed by expanded distribution of the Curious by Britney Spears fragrance to U.S. discount stores and international markets.
The loss for the fiscal fourth quarter, which ended June 30, narrowed to $4.5 million, or 16 cents per share, from $28.5 million, or $1.12 per share, a year earlier. Elizabeth Arden typically reports a fourth-quarter loss, reflecting slower sales during the non-holiday period.
Excluding a charge related to the sale of property and some related assets, the company posted a loss of 11 cents per share, compared with a loss of 35 cents a year earlier.