logo

Physicians Formula Holdings (FACE) - Citigroup highlights positive data
By: Notable Calls   Thursday, December 13, 2007 12:21 PM

Vote for next session
The next market session will close:

Citigroup out with nice comments on FACE intraday, saying that this morning, they received ACNielsen market share data for the four weeks ended December 1, 2007, which reflected a slight uptick in FACE's share of the total cosmetics category (at 2.9%), an improvement over the prior two periods where FACE delivered sequentially declining market shares.

Further, in the current period, FACE delivered 11.6% dollar sales growth in the total cosmetics category, which represents the second consecutive period where FACE has delivered accelerating dollar sales growth in the category.

And, while FACE continues to deliver dollar sales growth in the total cosmetics category that exceeds that of their peers, dollar sales growth for the masstige players nonetheless grew a healthy 3.2%, better than the 0.9% growth seen for the total cosmetics category.

Notablecalls: Expect to see buying interest in this beaten down stock after this nice call from Citi.

(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
Advertisement
Special Offers
Partner Center
Recent Articles by Notable Calls



Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 500 contributors, press releases, SEC filings and full text news from more than four thousand sources.
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia