Showing posts with label Sally Beauty. Show all posts
Showing posts with label Sally Beauty. Show all posts

Monday, January 9, 2012

Investopedia: Helen Of Troy Plenty Bold, But What About Beautiful?


You have to give credit where it's due and Helen Of Troy (Nasdaq:HELE) management (which means CEO and founder Gerald Rubin) is absolutely willing to take chances to grow this company. Once a licensor of low-price/low-prestige personal care brands, and a maker of fairly low-end consumer care electrics, such as curling irons, Helen of Troy has increasingly built itself into a legitimate player in a variety of personal and houseware products. Although the company's rising debt is likely to magnify what has been a very volatile company to begin with, there looks to be value here for risk-tolerant investors.

A Pretty Good Third Quarter 
Helen Of Troy beat expectations for the fiscal third quarter, a welcome change from a recent "mini-trend." Investors should note, though, that acquired revenue and expenses are still impacting performance and it is often more difficult for analysts to accurately forecast results in that environment. In other words, take the beat with a small grain of salt.




Click here for the rest:
http://stocks.investopedia.com/stock-analysis/2012/Helen-Of-Troy-Plenty-Bold-But-What-About-Beautiful-HELE-PG-SBH-ULTA0109.aspx

Wednesday, September 29, 2010

Unilever's Yo-Yo Diet

It does not seem like it was all that long ago that Anglo-Dutch consumer products giant Unilever (NYSE:UL) (NYSE:UN) was slimming down, centralizing and cutting its product portfolio. Nevertheless, Unilever has decided that it is time to get a little bigger again, and the company is buying Alberto-Culver (NYSE:ACV), a hair and skin care specialist, in an all-cash deal. 

The Terms 
Unilever is proposing to pay $3.7 billion in cash, or $37.50 per share. That is a rather healthy premium for Alberto-Culver. Even granting that the spin-off of Sally Beauty Holding (NYSE:SBH) makes past cash flow performance less predictive, investors have to make some rather exceptional profitability improvement assumptions to make Unilever's price seem sound. On the other hand, this deal will meaningfully expand Unilever's market share and there are solid reasons to think that Unilever's marketing machine will do more to grow Alberto-Culver's brands and international exposure than the company did on its own. 


To continue on to the full piece, please click below:
http://stocks.investopedia.com/stock-analysis/2010/Unilevers-Yo-Yo-Diet-UL-UN-ACV-SBH-CHD0929.aspx