Alberto-Culver reports first quarter growth. (Financial News).* Alberto-Culver Alberto-Culver is an international corporation whose principal business is manufacturing hair and skin beauty care products under such brands as Alberto VO5, St. Ives, TRESemmé, Consort, and Nexxus. , Melrose Park Melrose Park, village (1990 pop. 20,859), Cook co., NE Ill., an industrial suburb of Chicago; inc. 1893. It has large railroad yards and shops, steel mills, and factories that make a wide variety of products. , IL, reported another record sales and earnings quarter for the fiscal 2002 first period ending Dec. 31, 2001. Sales increased 8.9% from the fiscal 2001 first quarter. Sales for the 2002 first quarter were $614.3 million compared with last year's $463.9 million. Net earnings increased 24% to $29.3 million, up from $23.6 million in the prior year. This produced diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. earnings a share of $.50 and basic earnings a share of $.52, compared with $.41 and $.42 respectively for the previous year's first quarter. |
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