90 821
Fashion Jobs
ROSS
Store Protection Specialist
Permanent · AURORA
ROSS
Store Protection Specialist
Permanent · PHILADELPHIA
ROSS
Store Protection Specialist
Permanent · SAN ANTONIO
BELK
Store Fulfillment Associate - Part Time - Hamilton Place
Permanent · CHATTANOOGA
BELK
sr Manager, Sourcing Systems & Process
Permanent · CHARLOTTE
BELK
Asset Protection Manager
Permanent · TRUSSVILLE
BELK
Store Fulfillment Associate - Full Time
Permanent · GREENVILLE
HAND & STONE
General Manager - Newtown Square
Permanent · EDGMONT
HAND & STONE
Spa Manager
Permanent · HUNTSVILLE
LEATHERMAN
Manufacturing Quality Engineer
Permanent · PORTLAND
CALERES
Associate Manager - Famous Footwear
Permanent · ROUND ROCK
TALBOT
General Manager
Permanent · BOSTON
EBAY
Director, Commercial Counsel (Payments)
Permanent · SAN JOSE
BUCKLE BRANDS
Freight Coordinator (FT)
Permanent · APPLETON
ESTÉE LAUDER COMPANIES
Keyholder - The Cosmetics Company Store - 20 Hrs - Tanger Outlet Center - North Charleston, SC
Permanent · NORTH CHARLESTON
ESTÉE LAUDER COMPANIES
Keyholder - The Cosmetics Company Store - 20hrs - Traverse Mountain - Lehi, UT
Permanent · WASHINGTON
SEPHORA
Store Loss Prevention Investigator
Permanent · WESTMINSTER
SEPHORA
Operations Leader
Permanent · WALNUT CREEK
SEPHORA
Operations Leader
Permanent · ORLAND PARK
L'OREAL GROUP
Director, Global Marketing – Kiehl’s Dmi
Permanent · NEW YORK
L'OREAL GROUP
Director, Finance - Digital
Permanent · NEW YORK
MACY'S
Senior, Product Management
Permanent · NEW YORK
By
Reuters
Published
Oct 15, 2009
Download
Download the article
Print
Text size

AptarGroup posts lower third quarter profit; shares fall

By
Reuters
Published
Oct 15, 2009

Oct 14 (Reuters) - Cosmetics and perfume-dispenser maker AptarGroup Inc (ATR.N) posted a 16 percent fall in quarterly profit, hurt by lower income across its operating segments, and forecast fourth-quarter earnings in line with analysts' view.


Photo: www.aptargroup.com

Excluding items, the company expects fourth-quarter earnings of 43 cents to 48 cents a share. Analysts on average were expecting a profit of 46 cents a share, before items, according to Thomson Reuters I/B/E/S.

"As we look to the fourth quarter, some of our customers remain cautious going into the end of the year given the continuing weak consumer sentiment and, consequently, our global visibility remains limited at this time," Chief Executive Peter Pfeiffer said in a statement.

Net income for the latest third quarter ended Sept. 30 was $33.5 million, or 48 cents a share, compared with $39.7 million, or 57 cents a share, a year ago. Excluding items, it earned 51 cents a share.

Sales at the company, which serves the personal care, cosmetics, pharmaceutical, and food & beverage markets, fell 11 percent to $473.7 million.

Analysts' average earnings view was for 47 cents a share on revenue of $466 million.

Beauty and home segment income declined 21 percent in the quarter and closures segment income fell 15 percent, the company said in a statement. Shares of the Crystal Lake, Illinois-based company fell 2 percent to $37.99 in trading after the bell. They closed at $38.89 Wednesday 14 October on the New York Stock Exchange. (Reporting by Divya Sharma in Bangalore; Editing by Pradeep Kurup)

© Thomson Reuters 2024 All rights reserved.