Alberto-Culver plans to grow 1Q10 on top of 1Q09 which was 9.5%
Even though the company had a strong 1Q09 last year, it's comfortable it will generate growth on top of that during 1Q10. These comments were made from the Q4 earnings conference call. :theflyonthewall.com
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Alberto-Culver to ramp up advertising and promotional spending in FY10
Despite seeing a challenging first half, Alberto-Culver (ACV) intends to accelerate both its advertising and promotional spending in FY10. The company will focus on Treesemme and St. Ives as they see these two brands contributing to strong sales growth. The international segment provided strong revenue growth in the past year and Alberto expects that trend to continue in FY10. These comments were made on Alberto-Culver's Q1 earnings conference call. :theflyonthewall.com