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Record year for Alberto

Published on .

Alberto-Culver Co. announced record sales and earnings for its fiscal year ended Sept. 30--a 17.1% rise in sales, to $1.59 billion, and a 19.2% increase in net earnings, to $62.7 million. Pre-tax earnings surpassed the $100 million mark for the first time in the company's history. Howard B. Bernick, president-CEO, said the acquisition of St. Ives Laboratories and its Swiss Formula brands, completed in February, added more than $100 million to the fiscal year's sales.

Copyright October 1996, Crain Communications Inc.

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