Consumer Staples Household and Personal Products

More

  • Feb 5- M.A.C beauty products maker Estee Lauder Cos Inc reported better-than-expected quarterly sales and profit, helped by strong demand for makeup products such as Smashbox and Tom Ford. The company has been focusing on catering to younger customers by offering brands such as Jo Malone and Bobbi Brown, as "heritage" brands Estee Lauder and Clinique lose some...

  • NEW YORK— Estee Lauder's fiscal second-quarter results topped analysts' estimates thanks in part to increased sales of makeup, fragrances and hair care products. Analysts surveyed by Zacks Investment Research expected earnings of $1.09 per share. The latest figure beat the $3.07 billion that Zacks analysts predicted.

  • Feb 5- Beauty products maker Estee Lauder Cos Inc said net sales rose 2.6 percent in the second quarter, helped by higher demand for makeup products such as Smashbox and Tom Ford. Net income attributable to the company rose to $446.2 million, or $1.19 per share, in the quarter ended Dec.31, from $435.7 million, or $1.13 per share, a year earlier. The company's net sales...

  • Shares of the company, which also announced a $500 million buyback program, rose as much as 17 percent to a two-month high of $28.83 on Thursday. And in November, Coty said it would pay $1 billion for the beauty care unit of Brazil's Hypermarcas SA. Sales in the color cosmetics business, which includes Sally Hansen nail polishes and Rimmel cosmetics, rose 10 percent...

  • Feb 4- Perfume maker Coty Inc reported better-than-expected quarterly sales, helped by demand for Sally Hansen nail polishes and Rimmel cosmetics. The company's sales in the color cosmetics business rose 10 percent to $374.8 million in the three months ended Dec. 31, marking the third straight quarterly increase. Net income attributable to the company fell to...

  • Coty reports drop in profit, but beats expectations Thursday, 4 Feb 2016 | 7:17 AM ET

    NEW YORK— Coty reported a drop in profit during its fiscal second quarter as costs related to acquisitions piled up. Coty is in the process of buying beauty brands from Procter& Gamble Co., including CoverGirl and Max Factor. That deal is expected to close in the second half of the year, but Coty said it has already taken control of some of P&G's fragrance brands,...

  • 36¢ food store shuts as stock runs out Thursday, 4 Feb 2016 | 6:40 AM ET
    Shoppers queue to pay for their goods at the 'easyFoodstore' in north-west London on February 2, 2016.

    An ultra-discount food store opened by the owner of budget airline easyJet earlier this week was forced to close after shelves were emptied.

  • LONDON, Jan 19- Consumer goods group Unilever said it faced another volatile year after improvements to products from Magnum ice cream to Omo detergent helped its sales in 2015 to beat forecasts. The past year has been more positive for Unilever after it was hammered in 2014 by a slowdown in emerging markets such as China that caused retailers and wholesalers to...

  • LONDON, Jan 19- Consumer goods group Unilever said it was preparing itself for tougher market conditions and another year of volatility in 2016 after it outperformed the wider market with better-than-expected 2015 sales growth. Turnover at the Anglo-Dutch maker of Knorr soups, Dove soap and Lipton teas rose 10 percent to 53.3 billion euros, helped by a 5.9...

  • Unilever returns to Cuba in joint venture with state Monday, 11 Jan 2016 | 6:38 PM ET

    HAVANA, Jan 11- Global consumer products company Unilever Plc will return to Cuba after a several-year absence, agreeing on Monday to build a $35 million soap and toothpaste factory in Cuba's special development zone at the port of Mariel west of Havana. At the time of the dispute, Cuba's Communist government preferred the state hold a majority stake in joint...

  • LAS VEGAS, Jan 8- Germans love the latest wave of touch-free car controls, which respond to the flick of a wrist or the swipe of a hand, as it means no messy fingerprints on their spotless dashboards. A simplistic stereotype, but it captures the split among the world's drivers over the newest in-car tech on display at the Consumer Electronics Show in Las Vegas this...

  • Avon to reduce global IT headcount Thursday, 7 Jan 2016 | 5:50 PM ET

    Jan 7- Beauty products maker Avon Products Inc said it would cut some global IT jobs after hiring Hewlett Packard Enterprise Co to run some of its technology operations. The company said in a filing it expects pre-tax savings of $10 million- $15 million annually, beginning 2019.. Avon, which in December sold the majority of its North American business to Cerberus...

  • Method's clean up strategy aims to disrupt Wednesday, 11 Nov 2015 | 8:22 AM ET
    Method's clean up strategy aims to disrupt

    Eric Ryan, Method Cleaning Products co-founder, talks about his company's early beginnings and plans to disrupt household brands. Also Ryan discusses attending CNBC's iCONIC Conference in Washington, DC.

  • Nov 5- Perfume maker Coty Inc reported lower-than-expected quarterly revenue, hurt by weak demand for perfumes such as Calvin Klein and skin and body care products such as Playboy and philosophy. The company said in July it would buy 43 brands from Procter& Gamble Co for $12.5 billion, a deal, when completed, would make it the world's No. 3 make-up maker behind...

  • Perfume maker Coty's quarterly revenue slips 2 pct Thursday, 5 Nov 2015 | 7:10 AM ET

    Nov 5- Perfume maker Coty Inc reported a 2 percent fall in quarterly revenue, hurt by weak demand for fragrances such as Calvin Klein and skin and body care products from Playboy and philosophy. Net income attributable to Coty rose to $125.7 million, or 34 cents per share, in the first quarter ended Sept. 30, from $10.6 million, or 3 cents per share, a year earlier.

  • BERLIN, Nov 4- Nivea skin cream maker Beiersdorf said a test launch of a new razor for women had made a strong start, its expansion into a new market posing a potential threat to Procter& Gamble's Gillette. A disposable razor that launched in Austria in February and in Germany in September was selling "extremely well" and was close to taking the lead in a market...

  • Nov 3- Perfume maker Coty Inc is creating a new organizational structure and shifting its executive team to London, as part of its transformation into a global beauty products maker. Coty will divide its operations into three divisions- luxury, consumer beauty and professional beauty. Coty currently operates three divisions- fragrances, color cosmetics, and...

  • *Second big deal for Coty in three months. Nov 2- Coty Inc will buy the personal care and beauty business of Brazil's Hypermarcas SA for about $1 billion, beefing up its distribution in a fast-growing market ahead of the completion of a similar deal with Procter& Gamble. Shares of Coty, which will become the world's No. 3 make-up provider behind L'Oreal SA and Estee...

  • Nov 2- Perfume maker Coty Inc will buy the personal care and beauty business of Brazilian consumer goods maker Hypermarcas SA for about $1 billion in cash, three months after agreeing to buy 43 similar brands from Procter& Gamble. Coty, which makes fragrances for brands such as Calvin Klein and Marc Jacobs, has been expanding its product portfolio as demand for its...

  • Nov 2- Perfume maker Coty Inc said it will buy the personal care and beauty business of Brazilian consumer goods maker Hypermarcas S.A. for about $1 billion in cash.