Elizabeth Arden Inc. (RDEN) reported a third-quarter net loss of $1.27 million or $0.04 per share, compared to profit of $2.19 million or $0.07 per share last year. Adjusted net income per share was $0.02 compared to $0.07 prior year.
Net sales rose 10.5% to $264.48 million from $239.28 million last year. Excluding the unfavorable impact of foreign currency translation, net sales increased 11.2%. On average, ten analysts polled by Thomson Reuters expected the company to report profit of $0.02 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $261.31 million for the quarter.
The company confirmed its latest revenue and earnings guidance for fiscal 2013. For the full fiscal year ending June 30, 2013, the company expects net sales to increase by 9% to 11%, and adjusted earnings per share to be in the range of $2.30 to $2.50. Analysts expect the company to report fiscal 2013 profit per share of $2.41.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.