Elizabeth Arden Beats EPS Estimates, Reports Increasing Global Sales

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Elizabeth Arden RDEN shares are flat after hours. The beauty products company reported Q4 adjusted EPS loss of $0.58 versus expectations of a loss of $0.78. Sales were $192.7 million versus expectations for $193.75 million.

North American segment sales increased by 2.6 percent year-over-year. International segment sales increased 1.6 percent. Adjusted gross margins were 48.9 percent versus 42.7 percent in Q4 2015.

Elizabeth Arden shares closed Wednesday's session up $0.04 or 0.29 percent to $13.95.

Posted In: EarningsNews
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