Bare Escentuals predicts weak Q1

Published: 27-Feb-2009

Earnings at US mineral-based cosmetic company Bare Escentuals were down 9% to $24.6m ($0.26 per diluted share) in Q4 despite sales being up 2% at $147.1m on the same period last year. However, for the full year net income was up 11% to $98.0m ($1.05 per diluted share). In line with changes in purchasing behaviour, the company is anticipating earnings per share of just $0.12-$0.15 per diluted share for Q1 2009 but says it does not view Q1 sales trends as indicative of full year expectations.


Earnings at US mineral-based cosmetic company Bare Escentuals were down 9% to $24.6m ($0.26 per diluted share) in Q4 despite sales being up 2% at $147.1m on the same period last year. However, for the full year net income was up 11% to $98.0m ($1.05 per diluted share). In line with changes in purchasing behaviour, the company is anticipating earnings per share of just $0.12-$0.15 per diluted share for Q1 2009 but says it does not view Q1 sales trends as indicative of full year expectations.

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